We reproduce herewith AIBOC circular no.09 dt.01.02.2010 for our viewers
CIRCULAR NO.09 Dt.01-02-2011
TO ALL AFFILIATES/MEMBERS
DEARNESS ALLOWANCE
The Index Numbers for the quarter ended December 2010 are as under:
MONTH INDEX AS PER CONVERSION INDEX AS PER
2001 SERIES FACTOR 1960 SERIES
Oct- 2010 181 4.63 x 4.93 4131.49
Nov 2010 182 4.63 x 4.93 4154.31
Dec 2010 185 4.63 x 4.93 4222.79
Total 12508.59
Average = 12508.59/3 4169.53
Difference in excess of 2836 points 1333.53
D.A.paid for the previous quarter on (i.e. 308x4) 1232.00
Difference 101.53
Increase in number of Slabs = 101.53/4 = 25.38
Accordingly, Dearness Allowance is payable to Officers on 333 (i.e. 308+25)
slabs with effect from 01-02-2011 as against 308 slabs for the previous quarter.
The rates of Dearness Allowance at various stages of basic pay are furnished overleaf. The rates worked out are as per the industry level scales upto Scale VII including SBI.
With greetings,
(G.D. NADAF)
GENERAL SECRETARY
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