D.A History

. 

KNOW HOW D.A. IS CALCULATED!

 

1.     Labour Department will release Consumer Price Index (No.)
every month ,based on year 2001.

(Now Labour Department changed the Base year to 2016 and 

conversion factor is 4.63X4.93X2.88)

2.     Jan,Feb,March is one quarter. Likewise there are 4 quarters.

 

3. Difference between average CPI over average of previous quarter is called increase.

 

4. Bank D.A is calculated on CPI based on year 1960.


5. Conversion factor to year 2001  is  Index No .X 4.63 X 4.93


6. For every increase of 4 points 1 slab at the rate of 0.15% is given as D.A

 

7. Since everymonth’s CPI is announced on the last day of next month D.A is given effect on the subsequent month. i.e 2 months later.

 

EXAMPLE: for D,A Feb 2012:


APR   MAY  JUN  JULY  AUG  SEP      OCT NOV DEC 2011

---------------------------------------------------------------------------
  186      187    189      193      194  197       198  199  197
--------------------------------------------------------------------------- 

Average of Oct,Nov,Dec 2011                     =(198+199+197)x4.93x4.63/3
On conversion =Average O N D 2011        = 4519.53 

D.A already paid for Nov. 2011(i.e average of Jul,Aug,Sep)= 401 slabs = 401X4+2836  = 4440.00

 (2836 is already merged point in 9th B,P)

 

Increase                                                     4519.53-4440 = 79.53    

Slabs                                                         =79.53/4=19.88=19


(ONLY WHOLE NUMBERS ARE TAKEN.
DECIMELS ADJUSTED IN THE NEXT MONTH )


HENCE INCREASE FOR Feb 2012 is 19x0.15=2.85% of (B.P+SPL.ALLOW.+PQP) 

Toal D.A for Feb,Mar,Apr 2012=401+19=420 slabs=60.15%+2.85%=63%

 

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D.A. History:

 

            Month                           SLABS        %

 

Nov,Dec, 2007 & Jan 2008

40                       6.00

Feb,Mar,Apr    2008

55                       8.25 

May,Jun,July   2008

63                       9.45          

Aug,Sep,Oct     2008

84                     12.60  

Nov,Dec, 2008 &Jan 2009

116                   17.40

Feb,Mar,Apr    2009

133                   19.95 

May,Jun,July   2009

135                   20.25   

Aug,Sep,Oct     2009

154                   23.10

Nov,Dec, 2009 & Jan 2010

213                   31.95

Feb,Mar,Apr    2010

245                   36.75

May,June,July  2010

264                   39.60

Aug,Sep,Oct     2010

272                   40.80

Nov,Dec,2010 & Jan 2011

308                   46.20

Feb,Mar,Apr    2011

333                   49.95

May,Jun,July   2011

352                   52.80

Aug,Sep,Oct     2011

360                   54.00

Nov,Dec, 2011 & Jan 2012

401                   60.15  

Feb,Mar,Apr    2012

420                   63.00 

May,June,July  2012

428                   64.20 

Aug,Sep,Oct     2012

468                   70.20 

Nov,Dec. 2012 & Jan 2013

510                   76.50   10.90

Feb,Mar,Apr  2013                         

535                   80.25   13.40

May,June,Jul  2013

561                   84.15   16.00

Aug,Sep,Oct  2013

593                   88.95   19.20

Nov,Dec, 2013 & Jan 2014

641                   96.15   24.00

Feb, Mar, Apr 2014

666                  99.60    26.50

May,June,July 2014

650                  97.50    24.90

Aug,Sep,Oct 2014

683                  102.45  28.20

Nov,Dec 2014&Jan 2015

732                  109.80  33.10

Feb,Mar,Apri 2015

734                  110.10  33.30

May, Jun,July 2015

337                   33.70

Aug,Sep,Oct  2015

364                   36.40

Nov, Dec 2015 & Jan 2016

398                  39.80

Feb, Mar, Apr 2016

426                  42.60

May, June, July 2016

420                  42.00

Aug, Sep, Oct 2016

455                  45.50

Nov, Dec 2016 & Jan 2017

478                  47.80

 

Feb, Mar, Apr 2017

469                  46.90

 

May, June, July 2017

456                  45.60

 

Aug, Sep, Oct 2017

478                  47.80

 

Nov, Dec 2017 & Jan 2018

516  38           51.60    2.66

 

Feb, Mar, Apr 2018

527  49           52.70     3.43

 

May, June, July 2018

529  51           52.90     3.57

 

Aug, Sep, Oct 2018

541  63           54.10     4.41

 

Nov, Dec 2018 & Jan 2019

607 129          60.70     9.03

 

Feb, Mar, Apr 2019

611  133         61.10     9.31

 

May, June, July 2019

645  167         64.50   11.69

 

Aug, Sep, Oct 2019

681  203         68.10  14.21

 

Nov, Dec 2019 & Jan 2020

717  239         71.70  16.73

 

Feb, Mar, Apr 2020

759  281          75.90  19.67

 

May, June, July 2020

761  283         76.10   19.81

 

Aug, Sep, Oct 2020

775  297        77.50  20.79

 

Nov, Dec 2020 & Jan 2021

819  341        81.90  23.87

 

Feb, Mar, Apr 2021

 

 

May, June, July 2021

 

 

Aug, Sep, Oct 2021