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Please note - The pensioner's DA that would become payable for the period from Feb'19 to Jul'19 will be computed on the basis of CPI to be released for the month of July'18 to Dec'18. (i.e. Bank Pensioner's DA slabs that would become payable in Nov'18 + the DA would become payable in Feb'19)
Today i.e. on 31.01.2019, Government announced Consumer Price Index (CPI) data for the month of Dec'18. Pensioners DA payable from Feb'19 to Jul'19 is calculated on the basis of CPI announced by the Govt for the months from Jul'18 to Dec'18 . Accordingly, there is an increase of 70 DA Slabs payable for the period of Feb'19 to Jul'19 to bank pensioners. For calculation of your DA, please select your Date of Retirement and calculate your revised DA payable w.e.f Feb'19 and amount of monthly DA increase.
On 31.12.2018 Govt announced CPI for the month of Nov'18. There is no change in CPI Index declared for this month. On the basis of CPI data available for the months of July'18 to Nov'18, We are providing calculations of expected DA on following three assumption in three calculators as under (however it is still too early to have a CPI data to be released in coming months and the actual inflation we will have to face due to regular rise in fuel prices ):-
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2. Keeping in view the recent fuel price cut in Nov'18 and Dec'18 in comparision to Oct'18, we are forced to assume that if there may be an decrease of one points in CPI for the month of Dec'18. (however on going to market we still observs that there is no reduction came in the prices of the our daily use necessary items.), in that situation there will be an increase of 70 slabs payable from Feb'19 (in case there if CPI index declines by two points in that situation the tentative increase will be of 69 slabs. However the expected DA calculator is updated with 70 slabs in third assumption.)
We calculates expected DA at the end all coming months on release of CPI data and on assumptions of CPI data for the remaining months.
However we agree that it is too early to say the tentative figures of CPI Index for the remaining months but keeping in view of the recent rise in price of fuel and other items, we assume that at least there would be an increase of two points in CPI data for the May-18.
Disclaimer : This website do not claim its calculation of payable DA / expected DA slabs that would may become payable is full and final. As we do calculations on the basis of available CPI data for DA payable(may vary of one slabs on official announcement of IBA due to rounding of fraction of points). The expected DA is computed on some assumptions of CPI for coming months. The users are requested to please do inform in case he/she has noticed any error or updation of the official announcements of CPI index, for the correction & updation at this website. We shall welcome your feedback in the matter.