The next crucial task is decision about new DA slab rate. By now, you know that 60.15% DA will be merged with basic pay and then additional 2% on basic pay and DA as on March 2012 will be given.
Now, what...?
The DA Saga
There are assumptions going on that new DA slab rate will be reduced to 0.12 from 0.15 at present. However, as per calculation it may get reduced to 0.10; and 0.12 is just we can hope of. So new DA at 0.10 slab rate will be 33.3% whereas on 0.12 will be 39.96%.
But hold on. This is the case when DA system from tenth bipartite will be on old system.
Officers associations have something interesting in their demand list.
1. Instead of quarterly payment, there should be monthly payment of DA.
2. DA neutralisation should be 125%.
3. There should be mid review of the scales by merging Dearness Allowance payable at the end of 2 ½ years. To be specific the revision date is 01.11.2012 – up to 2 ½ years i.e., on 30th April 2015 the Dearness Allowance payable to be merged and paid as revised pay. The Principles adopted by the Pay Commission for the purpose of merger of DA and other allowances should be followed in case of Bank Employees.
Award associations have following demands :
1. D.A. to be paid based on CPI (2001=100) Index Series instead of CPI (1960=100) Series.
2. D.A. to be revised on monthly variation in Index.
3. D.A. to be revised on rise and fall of every point in the Index.
4. D.A. compensation to be 110% for Clerical Staff and 120% for Subordinate Staff. 2
We know that what we demanded and what we got. Let us hope that unions hold their ground more on rest of the talks.
So, let us see.
