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### WHAT IS THE LIKELY DEARNESS ALLOWANCE INCREASE FOR BANK OFFICERS AND WORKMEN  FROM May 2013 to July,  2013

We have been writing that  now a days it is extremely difficult to predict such things as inflation figures widely fluctuate and are released by government.  However, on the request of 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 March 2013.   However, based on the CPI already announced for the month of January 2013 and February, 2013, we are doing this guess work.   The CPI announced and projected so far  are as follows:-

 Month CPI January, 2013 5044 February 2013 5090 March 2013 5113 (Projected)

There has been marginal increase in CPI in the month of January and February 2013.   The trends of previous years indicate that in March, the inflation usually remains static, although in view of high inflation rate in last few months, we can assume that there will be marginal increase this month also.   Assuming that there will be again only marginal increase  in  CPI for March,  2013, the revised DA is likely to be around 84.15%, (increase of 26 slabs) for the months of May  2013 to July, 2013 (i.e. increase of  26 slabs).  In case the inflation remains static at February 2013 level, the increase will be of only 24 slabs i.e. increase of 3.60% only.

[The present DA is  80.25% for the months of  February, March and April, 2013].  The PROJECTED DA is as follows:

 Actual DA for Projected DA for Projected Increase in DA Officers Feb, March, April  2013 May, June, July  2013 Stage Scale Basic Pay 80.25% 84.15% 3.90% DA Amount Payable DA Amount Payable DA Amount Payable 1 I,II,III 14500 11636.25 12201.75 565.50 2 I,II,III 15100 12117.75 12706.65 588.90 3 I,II,III 15700 12599.25 13211.55 612.30 4 I,II,III 16300 13080.75 13716.45 635.70 5 I,II,III 16900 13562.25 14221.35 659.10 6 I,II,III 17500 14043.75 14726.25 682.50 7 I,II,III 18100 14525.25 15231.15 705.90 8 I,II,III 18700 15006.75 15736.05 729.30 9 I,II,III 19400 15568.50 16325.10 756.60 10 I,II,III 20100 16130.25 16914.15 783.90 11 I,II,III 20900 16772.25 17587.35 815.10 12 I,II,III 21700 17414.25 18260.55 846.30 13 I,II,III 22500 18056.25 18933.75 877.50 14 I,II,III 23300 18698.25 19606.95 908.70 15 I,II,III 24100 19340.25 20280.15 939.90 16 I,II,III 24900 19982.25 20953.35 971.10 17 I,II,III 25700 20624.25 21626.55 1002.30 18 I,II,III 26500 21266.25 22299.75 1033.50 19 I,II,III 27300 21908.25 22972.95 1064.70 20 I,II,III 28100 22550.25 23646.15 1095.90 21 I,II,III 28900 23192.25 24319.35 1127.10 22 I,II,III 29700 23834.25 24992.55 1158.30 23 I,II,III 30600 24556.50 25749.90 1193.40 24 I,II,III 31500 25278.75 26507.25 1228.50 25 I,II,III 32400 26001.00 27264.60 1263.60 26 I,II,III 33300 26723.25 28021.95 1298.70 27 I,II,III 34200 27445.50 28779.30 1333.80 28 I,II,III 35100 28167.75 29536.65 1368.90 1 IV 30600 24556.50 25749.90 1193.40 2 IV 31500 25278.75 26507.25 1228.50 3 IV 32400 26001.00 27264.60 1263.60 4 IV 33300 26723.25 28021.95 1298.70 5 IV 34200 27445.50 28779.30 1333.80 6 IV 35200 28248.00 29620.80 1372.80 7 IV 36200 29050.50 30462.30 1411.80 1 V 36200 29050.50 30462.30 1411.80 2 V 37200 29853.00 31303.80 1450.80 3 V 38200 30655.50 32145.30 1489.80 4 V 39300 31538.25 33070.95 1532.70 5 V 40400 32421.00 33996.60 1575.60 1 VI 42000 33705.00 35343.00 1638.00 2 VI 43200 34668.00 36352.80 1684.80 3 VI 44400 35631.00 37362.60 1731.60 4 VI 45600 36594.00 38372.40 1778.40 5 VI 46800 37557.00 39382.20 1825.20 1 VII 46800 37557.00 39382.20 1825.20 2 VII 48100 38600.25 40476.15 1875.90 3 VII 49400 39643.50 41570.10 1926.60 4 VII 50700 40686.75 42664.05 1977.30 5 VII 52000 41730.00 43758.00 2028.00