Expected Govt Bank Employees DA from February 2020

EXPECTED BANK EMPLOYEES DA FROM FEB 2020- 3% TO 5%

To Calculate Expected Dearness Allowance(DA) of Govt Bank Employees from February 2020 we need All India Consumer Price Index (AICPI) average for last three months i.e October 2019, November 2019 and December 2019.

1. Date from which IDA applicable:Feb 2020
2. Average AICPI(2001=100) for the quarter October 2019 to  December 2019

         1. Oct 2019     -325
         2. Nov 2019    -328
         3. Dec 2019    -

Dearness allowance for bank employee calculated with

• AICPI  for last three months i.e October 2019, November 2019 and December 2019 are required.
•  Conversion price index with Base year 2001