PROBABLE D A FOR BANKERS FROM MAY 2011

There is a possibility of 3.15% [21 slabs]increase in D.A. for Bank employees for May, June and July 2011
The exact increase for DA cannot be given at this stage as GOI has yet to announce the CPI for the month of March, 2011. However, based on the CPI already announced for the month of Jan'11and Feb'11, we are doing this guess work. The CPI announced so far are as follows:-
Month CPI
January, 2011 4291
February, 2011 4222
March, 2011 Not Avlbl.
The CPI has gone done in February, 2011. The previous trends show that CPI is likely to remain at February, 2011 level or increase slightly. Assuming that there will be marginal increase in CPI for March, 2011 the revised DA is likely to be around 53.10%, for the months of May, June and July, 2011 (i.e. increase of 21 slabs). [The present DA is 49.95% for the months of February, March and April, 2011].

OVERTIME FOR SBT STAFF

As a one time dispensation, it has been decided to pay overtime wages to Award Staff for attending to works relating to Annual Closing of Accounts for a maximum of 15 hours spread over 4 days (2 hours @ 100%, 4 hours @ 170%, 9 hours @ 200%).

Staff members attending to Govt. business / collection of taxes in Treasury branches / Branches handling collection of taxes at the year end, may be paid overtime wages upto a maximum of 25 hours including the aforesaid 15 hours spread over 6 days (3 hours @ 100%, 6 hours @ 170% and 16 hours @ 200%)

KERALA IX th PAY COMMISSION: FIND YOUR NEW BASIC PAY!!

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