Likely Dearness Allowance ( DA ) increase from February 2012 onwards

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WHAT IS THE LIKELY DEARNESS ALLOWANCE INCREASE FOR BANK OFFICERS AND WORKMEN FROM FEBRUARY TO APRIL, 2012

(Caution : This is an old file which was uploaded for projections of DA, but the final figures announced are slightly less than our projections. In case you wish to see the final DA figures click below to go the proper page)

Increase of 19 Slabs in DA from February, 2012 to April, 2012 (increase of 2.85%). Click for Details (uploaded on 31/01/2012)

In 2009 and 2010, we used to project the likely increase in DA, and were always on dot. However, we stopped the same for few months as we could have gone wrong any time in future projections, and could be dubbed as speculators. However, on the request of our readers we revived the same from Nov 2011 DA revision, even at the risk of being wrong sometimes.

The projected DA for November, 2011 was less than the actual DA declared later on. We have been writing that it is absolutely impossible to predict such things as inflation figures widely fluctuate and are released by government, yet as requested by our readers and based on the trends so far released, we give below our PROJECTIONS for the DA. However, we would like to CAUTION our readers that inflation, especially food inflation, has been fluctuating widely, and thus at this stage it is very difficult to predict the inflation rate.

The exact increase for DA cannot be given at this stage as GOI has yet to announce the CPI for the month of December, 2011. However, based on the CPI already announced for the month of October, 2011 and November, 2011, we are doing this guess work. The CPI announced so far are as follows:-

Month	CPI
October, 2011	4519
November, 2011	4542
December, 2011	4565 (Projected)

There has been moderate increase in CPI in the month of October 2011, and November, 2011. Assuming that there will be again only similar moderate increase in CPI for December, 2011 the revised DA is likely to be around 63.90%, for the months of February to April, 2012 (i.e. increase of 25 slabs). [The present DA is 60.15% for the months of November, December, 2011 and January, 2012]. The projected DA is as follows:

OFFICER STAFF:

			Actual DA for	Projected DA for	Likely Increase in DA
	Officers		Nov., Dec., 2011 Jan., 2012	February, March and April, 2012
Stage	Scale	Basic Pay	60.15%	63.90% (Caution : Actual announed figures are only 63.00%	3.75% (Caution : Actual announced figures are only 2.85% increase}
			DA Amount Payable	DA Amount Payable	DA Amount Payable
1	I,II,III	14500	8721.75	9265.50	543.75
2	I,II,III	15100	9082.65	9648.90	566.25
3	I,II,III	15700	9443.55	10032.30	588.75
4	I,II,III	16300	9804.45	10415.70	611.25
5	I,II,III	16900	10165.35	10799.10	633.75
6	I,II,III	17500	10526.25	11182.50	656.25
7	I,II,III	18100	10887.15	11565.90	678.75
8	I,II,III	18700	11248.05	11949.30	701.25
9	I,II,III	19400	11669.10	12396.60	727.50
10	I,II,III	20100	12090.15	12843.90	753.75
11	I,II,III	20900	12571.35	13355.10	783.75
12	I,II,III	21700	13052.55	13866.30	813.75
13	I,II,III	22500	13533.75	14377.50	843.75
14	I,II,III	23300	14014.95	14888.70	873.75
15	I,II,III	24100	14496.15	15399.90	903.75
16	I,II,III	24900	14977.35	15911.10	933.75
17	I,II,III	25700	15458.55	16422.30	963.75
18	I,II,III	26500	15939.75	16933.50	993.75
19	I,II,III	27300	16420.95	17444.70	1023.75
20	I,II,III	28100	16902.15	17955.90	1053.75
21	I,II,III	28900	17383.35	18467.10	1083.75
22	I,II,III	29700	17864.55	18978.30	1113.75
23	I,II,III	30600	18405.90	19553.40	1147.50
24	I,II,III	31500	18947.25	20128.50	1181.25
25	I,II,III	32400	19488.60	20703.60	1215.00
26	I,II,III	33300	20029.95	21278.70	1248.75
27	I,II,III	34200	20571.30	21853.80	1282.50
28	I,II,III	35100	21112.65	22428.90	1316.25
1	IV	30600	18405.90	19553.40	1147.50
2	IV	31500	18947.25	20128.50	1181.25
3	IV	32400	19488.60	20703.60	1215.00
4	IV	33300	20029.95	21278.70	1248.75
5	IV	34200	20571.30	21853.80	1282.50
6	IV	35200	21172.80	22492.80	1320.00
7	IV	36200	21774.30	23131.80	1357.50
1	V	36200	21774.30	23131.80	1357.50
2	V	37200	22375.80	23770.80	1395.00
3	V	38200	22977.30	24409.80	1432.50
4	V	39300	23638.95	25112.70	1473.75
5	V	40400	24300.60	25815.60	1515.00
1	VI	42000	25263.00	26838.00	1575.00
2	VI	43200	25984.80	27604.80	1620.00
3	VI	44400	26706.60	28371.60	1665.00
4	VI	45600	27428.40	29138.40	1710.00
5	VI	46800	28150.20	29905.20	1755.00
1	VII	46800	28150.20	29905.20	1755.00
2	VII	48100	28932.15	30735.90	1803.75
3	VII	49400	29714.10	31566.60	1852.50
4	VII	50700	30496.05	32397.30	1901.25
5	VII	52000	31278.00	33228.00	1950.00

WORKMAN STAFF :

			Actual DA for	Projected DA for	Likely Increase in DA
			Nov., Dec., 2011 Jan., 2012	February, March and April, 2012
Stage	Post	Basic Pay	60.15%	63.90%	3.75%
			DA Amount Payable	DA Amount Payable	DA Amount Payable
1	Clerk	7200	4330.80	4600.80	270.00
2	Clerk	7600	4571.40	4856.40	285.00
3	Clerk	8000	4812.00	5112.00	300.00
4	Clerk	8400	5052.60	5367.60	315.00
5	Clerk	8900	5353.35	5687.10	333.75
6	Clerk	9400	5654.10	6006.60	352.50
7	Clerk	9900	5954.85	6326.10	371.25
8	Clerk	10500	6315.75	6709.50	393.75
9	Clerk	11100	6676.65	7092.90	416.25
10	Clerk	11700	7037.55	7476.30	438.75
11	Clerk	12300	7398.45	7859.70	461.25
12	Clerk	13000	7819.50	8307.00	487.50
13	Clerk	13700	8240.55	8754.30	513.75
14	Clerk	14400	8661.60	9201.60	540.00
15	Clerk	15100	9082.65	9648.90	566.25
16	Clerk	15800	9503.70	10096.20	592.50
17	Clerk	16500	9924.75	10543.50	618.75
18	Clerk	17200	10345.80	10990.80	645.00
19	Clerk	18500	11127.75	11821.50	693.75
20	Clerk	19300	11608.95	12332.70	723.75
21	Clerk	20100	12090.15	12843.90	753.75
22	Clerk	20900	12571.35	13355.10	783.75
23	Clerk	21700	13052.55	13866.30	813.75
24	Clerk	22500	13533.75	14377.50	843.75
25	Clerk	23300	14014.95	14888.70	873.75
26	Clerk	24100	14496.15	15399.90	903.75
27	Clerk	24900	14977.35	15911.10	933.75
1	Sub-Staff	5850	3518.78	3738.15	219.38
2	Sub-Staff	6050	3639.08	3865.95	226.88
3	Sub-Staff	6250	3759.38	3993.75	234.38
4	Sub-Staff	6450	3879.68	4121.55	241.88
5	Sub-Staff	6650	3999.98	4249.35	249.38
6	Sub-Staff	6900	4150.35	4409.10	258.75
7	Sub-Staff	7150	4300.73	4568.85	268.13
8	Sub-Staff	7400	4451.10	4728.60	277.50
9	Sub-Staff	7650	4601.48	4888.35	286.88
10	Sub-Staff	7900	4751.85	5048.10	296.25
11	Sub-Staff	8200	4932.30	5239.80	307.50
12	Sub-Staff	8500	5112.75	5431.50	318.75
13	Sub-Staff	8800	5293.20	5623.20	330.00
14	Sub-Staff	9100	5473.65	5814.90	341.25
15	Sub-Staff	9450	5684.18	6038.55	354.38
16	Sub-Staff	9800	5894.70	6262.20	367.50
17	Sub-Staff	10150	6105.23	6485.85	380.63
18	Sub-Staff	10550	6345.83	6741.45	395.62
19	Sub-Staff	10950	6586.43	6997.05	410.63
20	Sub-Staff	11350	6827.03	7252.65	425.63
21	Sub-Staff	11750	7067.63	7508.25	440.63
22	Sub-Staff	12150	7308.23	7763.85	455.63
23	Sub-Staff	12550	7548.83	8019.45	470.62
24	Sub-Staff	12950	7789.43	8275.05	485.62
25	Sub-Staff	13350	8030.03	8530.65	500.62
26	Sub-Staff	13750	8270.63	8786.25	515.63
27	Sub-Staff	14150	8511.23	9041.85	530.63

Special Pay for Clerical & SubStaff

CTO-B (with passing powers)/SWO		500	300.75	319.50	18.75
Head Cashier II		780	469.17	498.42	29.25
Special Assistant		1180	709.77	754.02	44.25
All other existing Spl Pay holders		500	300.75	319.50	18.75
			0.00	0.00	0.00
Bill Collectors / Armed Guard		240	144.36	153.36	9.00
Daftary		340	204.51	217.26	12.75
Head Peon		4550	2736.83	2907.45	170.63
Head Messenger in IOB		1000	601.50	639.00	37.50
Electrician / AC Plant Helper		1250	751.88	798.75	46.88
Driver		1450	872.18	926.55	54.38
All other existing spl pay holders (substaff)		350	210.53	223.65	13.13
			0.00	0.00	0.00
Graduation Pay / PQA -after 1 year		250	150.38	159.75	9.38
Graduation Pay / PQA -after 2 year		490	294.74	313.11	18.38
Graduation Pay / PQA -after 3 year		740	445.11	472.86	27.75
Graduation Pay / PQA -after 4 year		990	595.49	632.61	37.13
Graduation Pay / PQA -after 5 year		1230	739.85	785.97	46.13