An increase in Dearness Allowance DA has been announced for more than 8 lakh bankers and other staff working in PSU Bank.
This DA is for August, September and October 2021. This time there has been an increase of 30 slabs in dearness allowance. An increase in Dearness Allowance (DA) has been announced for more than 8 lakh bankers and other staff working in PSU Bank. This DA is for August, September and October 2021. Also Read: Now amazing feature is coming in WhatsApp to make photos beautiful, know how it will work
This time there has been an increase of 30 slabs in dearness allowance. This increase has been seen after the data of AIACPI (All India Average Consumer Price Index). According to the order of the Indian Banks’ Association (IBA), the average of AIACPI for industrial workers for April, May and June is 7941.22. Also Read: Alert! Before opening a savings account, keep these things in mind, do not have to pay for every small facility
This makes DA 397 slabs (7941.22 – 6352 = 1589.22 = 397 slabs). The DA for May, June and July 2021 was 367 slabs. This has increased it by 30 slabs. That is, his DA has increased to 27.79 percent. Earlier this figure was 25.69%. Accordingly, the dearness allowance of bankers has increased by more than 2 percent. Also Read: LIC: In this scheme of LIC, you will get loan facility and tax exemption with the benefit of Rs 2 lakh.
Calculation of DA
- DA 7941.22 – 6352= 1589.22= 397 Slabs
- Slabs in last quarter : 397
- Increase in DA = 397-367 = 30 Slabs (27.79%)
How much will the salary increase
According to Brajeshwar Sharma of the HR department of IBA, the monthly salary of a Probationary Officer working in a government bank is 40 to 42 thousand rupees per month. Their basic is around Rs 27,620 per month. The 2 percent increase in DA will affect the salary. Bank PO also gets 4 increments during the entire service. After promotion the maximum basic pay goes up to Rs 42020. Also Read: Big blow to BSNL customers! Now less benefit in cheap plan, know all the details
Dearness Allowance of Central Employees
Let us tell you that the dearness allowance of central employees has also increased to 28 percent. This hike has come into effect after one and a half years. Due to this there has been a significant increase in the salary of central employees. Also Read: Atal Pension Yojana: Get huge profit by paying only Rs 270 every month, this scheme is special
This hike has come into effect from 1 July 2021. According to RK Nigam, General Secretary of State Employees Joint Council, government employees have also suffered a lot due to Covid Mahamari. His DA was stopped from increasing. Now the government has released it but did not give arrears of one and a half year.
