None
Skip to main
Indian Banks’ Association
HR & Industrial Relations
HR&IR/MBR/76/D/2022-23/11592
November 1, 2022
All Members of the Association
(Designated Officers)
Dear Sir/ Madam,
The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended September 2022 as published by Govt. of India in its website Labour Bureau are as follows:-
July 2022 8539.44
August 2022 8559.16
September 2022 8631.48
The average CPI of the above is 8576.69 and accordingly the number of DA slabs are 556 (8576 — 6352= 2224/4= 556 Slabs). The last quarterly Payment of DA was at 526 Slabs. Hence, there is an increase in DA slabs of ‘30’ i.e. 556 Slabs for payment of DA for the months November, December 2022 and January 2023.
In terms of clause 7 of the 11th Bipartite Settlement dated 11.11.2020 and clause 3 of the Joint Note dated 11.11.2020, the rate of Dearness Allowance payable to Workmen and Officer employees for the months of November, December 2022 and January 2023 shall be 38.92 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.
Yours faithfully,
Brajeshwar Sharms
Senior Advisor (HR&IR)
🕑 02 Jul, 2025 10:03 AM
Commutation Relief In Sight? Panel Likely To Review 15-Year Deduction Rule
🕑 12 Jun, 2025 08:12 AM
8th Pay Commission: Uncertainty Looms as Employees Await Terms of Reference
🕑 24 Apr, 2025 10:21 PM
Staff Side constitutes panel for drafting memorandum to 8th CPC when formed
🕑 24 Apr, 2025 10:17 PM
8th Pay Commission likely to be set up by mid May
🕑 09 Apr, 2025 10:27 AM
Loan EMIs to get Cheaper as RBI cuts Repo Rate sgain | See the benefit
🕑 04 Apr, 2025 04:49 PM
AICPI-IW declines again, may affect DA hike in July 2025
🕑 02 Apr, 2025 08:27 AM
8th Pay Commission update: Standing Committee of NC-JCM to meet on April 23
🕑 09 Jun, 2025 08:25 AM
π’ UPS vs NPS: The Retirement Dilemma Facing 27 Lakh Government Employees
🕑 04 Apr, 2025 04:46 PM
NPS To UPS Switch from April 1: A Detailed Look at the Option to Switch
🕑 30 Mar, 2025 11:01 AM
8th Pay Commission implementation may get delayed till 2027 β Hereβs why
🕑 27 Mar, 2025 10:25 PM
7th CPC wanted a permanent pay panel, end DA revision twice
🕑 27 Mar, 2025 08:43 AM
8th Pay Commission: What Kind Of Salary Hike Can Be Staff Expected?
🕑 20 Mar, 2025 08:24 AM
Why the commuted pension is restored after 15 years, not 12 years
🕑 17 Mar, 2025 08:37 AM
π Expected Dearness Allowance (DA) from January 2026 Calculator