D.A History



KNOW HOW D.A. IS CALCULATED!

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

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