Dearness allowance /relief–a comparative study- central government employees vs.RBI/PSBs employees

Central Govt.

RBI/PSBs

Base year

From 01.01.06 AICPIN  base (2001=100) 0ver (115.763 ) points i.e.

{above 536 points ^{for Base Year (1}982=100)}

AICPIN  base (1960=100)

Average Calculations for existing employees

Average of Last 12 months prior to 1st January/1st July

Quarterly Average for Jan-Mar,Apr-June,
July Sept &Oct-Dec is taken.

Banks pay increase in May August Nov & Feb  IBA issues circulars for Banks & RBI for her employees.

Average Calculations for Pensioners

—-As above——
% Increase is circulated by Press Releases by GOI

out of figures for the last half year last quarters average Apr-June & Oct- Dec is taken

Increase is  paid in Feb & August

Formula

Average of AICPIN for the past 12 months – 115.76)*100/115.76

Example Calculations

Average of AICPIN for the previous quarter or the half year as explained above minus numbers merged in each category during the wage revisionsX %factor applicable to the scale

for details view the post

Example
Calculation