Dear Friends,
Dearness Allowance for workmen and officer employees in banks for the months of May,June & July'24 under 12th BPS/9th Joint Note has to be paid based on confirmed All India average Consumer Price Index numbers for industrial workers base year 2016=100 for Jan,Feb & March'24.
To our surprise we observed that AICPIN(IW) for Feb & March '24 was not released by Labour Bureau ,GOI on scheduled dates.As such DA payable to employees for current quarter could not be arrived till this moment.
Though bank pensioners DR is arrived at a later date based on index numbers for April,May &June'24 we may know the exact position only in July'24.
Even in the absence of updation of pension, the marginal increase in DR once in every half year was said to be a relief to pensioners.
Withholding the index numbers by GOI without assigning any reason, may delay (or deny?)the payment of DA/DR which cannot be treated as a fair affair.
Hope GOI may not proceed with such injustice in coming months affecting all employees/ pensioners.