Expected DA from August 2011 to Bank Pensioners

EXPECTED INCREASE IN D.A PAYABLE TO BANK PENSIONERS- From 1st Aug 2011 to Jan 2012. Options
 

As all  are aware the DA for Bank Pensioners,for the next half year is calculated based on Consumer Price Index (IW)figures for the months of  April,May and June.

Labour bureau,Government of India, releases the CPI figures(IW) ( base 2001=100)monthly pertaining to previous months.

CPI.figures for the month of May 2011 has  been released today.  Accordingly the confirmed index figures are as follows:
                                       APRIL  2011-  186
                                        May     2011-  187
CPI figure for June will be released only in July  and hence we cannot predict exact DA at this point of time.

However based on available confirmed figures for past two months, and  on assumption that  if same figure   is  continued  for   June,  it can be  expected that there will be  23   slabs  increase in DA from  Aug 2011 onwards.

Source: Mr.Mohan(Google Groups)