Tuesday, September 4, 2018
CPI index for Industrial workers for July 2018 is 301.
i.e 10 points above June 2018.
It will translate into an increase of 67 slabs (6.7%) in D.A. for Bank employees.
However, This figure will vary according to CPI numbers for August and September.
However a steep hike in D.A. is on cards.
Is this a good news or bad news?
(Previous high is 49 slabs in Jan 2015 and 48 slabs in 2014)
i.e 10 points above June 2018.
It will translate into an increase of 67 slabs (6.7%) in D.A. for Bank employees.
However, This figure will vary according to CPI numbers for August and September.
However a steep hike in D.A. is on cards.
Is this a good news or bad news?
(Previous high is 49 slabs in Jan 2015 and 48 slabs in 2014)
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