HR & Industrial Relations
HR&IR/MBR/76/D/2022-23/11183
April 30, 2022
All Members of the Association
(Designated Officers)
Dear Sir/ Madam,
Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June and July 2022 under XI BPS/ Joint Note dated 11.11.2020
The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended March 2022 are as follows:-
January 2022 – 8223.90
February 2022 – 8217.32
March 2022 – 8283.06
The average CPI of the above is 8241.42 and accordingly the number of DA slabs are 472 (8241 — 6352= 1889/4= 472 Slabs). The last quarterly Payment of DA was at 471 Slabs. Hence, there is an increase in DA slabs of ‘1’ i.e. 472 Slabs for payment of DA for the quarter May, June and July 2022.
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 May, June and July 2022 shall be 33.04% of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.
Yours faithfully,
Brajeshwar Sharma
Senior Advisor (HR&IR)
🕑 19 May,22 7:03p.m.
Defence Ministry developing centralised payment system for the Armed Forces
🕑 19 May,22 9:32a.m.
Defence Ministry sets May 25 as deadline to submit life certificate
🕑 18 May,22 8:25p.m.
60 central public sector enterprises identified for privatization or closure
🕑 18 May,22 12:07p.m.
Govt fixes 4% reservation in promotion for Persons with Benchmark Disabilities
🕑 14 May,22 9:02a.m.
AXIS, HDFC, ICICI, & Kotak Mahindra uthorised for railway pension disbursement
🕑 14 May,22 8:55a.m.
CGEGIS - Tables of benefits for the savings fund for Q! FY22-23
🕑 11 May,22 9:57a.m.
Railways constitutes Cadre Restructuring Committee | Find the members
🕑 10 May,22 10:23p.m.
Departmental proceedings needed even for termination of temporary staff; HC
🕑 04 May,22 7:55p.m.
Amazon Summer Sale Offers: Up to 80% off + Savings
🕑 30 Apr,22 11:55p.m.
March AI CPI-IW up sharp 1 by point. Expected DA from July 2022 is 37%
🕑 30 Apr,22 11:04a.m.
Understanding Aykroyd formula, which the 8th Pay Commission might depend
🕑 26 Apr,22 3:28p.m.
All persons who caught Covid at risk of this dangerous side-effect
🕑 25 Apr,22 9:43p.m.
Ola to launch self driving electric car in the range of ₹ 10 Lakhs in two years
🕑 23 Apr,22 11:13p.m.
RBI makes credit card more friendly & safe. 10 points on new rules
🕑 23 Apr,22 11:17a.m.
Fitment factors recommended by pay commissions over the years
🕑 22 Apr,22 12:48a.m.
IT benefit on HRA can be claimed by paying rent to wife rules Delhi Tribunal
🕑 19 Apr,22 9:29p.m.
Investing in your child's name can help you save tax
🕑 17 Apr,22 12:07p.m.
Do not file income tax returns for AY 2022-23 before June 1, 2022
