New Series for Revision of Base of CPI(IW) launched CPI – Industrial Workers BASE YEAR UPDATION OF CONSUMER PRICE INDEX NUMBERS FOR INDUSTRIAL WORKERS (CPI-IW) 2013-14=100 Background of CPI-IW series: The CPI-IW series on scientific lines was first introduced with base 1960=100 which was based on the results of Family Living Survey conducted in 1958-59 […]
EXPECTED DA
Probable DA for Bank employees from November 2011
Likely D.A. increase : 5.40% [Increase of 36 slabs] The exact increase for DA cannot be given at this stage as GOI has yet to announce the CPI for the month of September, 2011. However, based on the CPI already announced for the month of July, 2011 and August, 2011, we are doing this guess […]
EXPECTED DEARNESS ALLOWANCE (D.A)FROM JAN 2011 FOR CENTRAL GOVERNMENT EMPLOYEES
Expected DA from Jan 2011 The central government employees received 10% DA in addition to 35% earlier,which now stands at 45%.They got the payment as two months arrears for July and August.The DA for September was calculated in their regular monthly payments.Through this hike employees got an increase of Rs700 to Rs900 in their monthly salaries. There […]