The CPI for the month of Jan13 & Feb13 has increased by 4 (2 points each) at 221 & 223 points respectively, assuming that there will be an increase of another 2 points for the month of March, 2013, thus DA will increase by 4.25% (84.50%) - effective May 2013. Even, if the the index remains same for the month of March 2013, the increase of 3.30% is still due. We, Bankers are already low paid, therefore, DA increase gives us a sigh of relief.
Arnabjit Ray of the New India Assurance Co. Ltd has predicted an increase of 26 slabs DA for Bank & Insurance employees from May, 2013 onwards.
ReplyDeleteArnabjit Ray of the New India Assurance Co. Ltd has confirmed a hike of 26 slabs DA for Bank & Insurance employees from May, 2013 to July, 2013.
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