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%
****************************************************
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 |
|
|
