Present Dearness Allowance for Public Sector as well as old generation Private sector Bank is 75.9% ( 759 DA Slabs )
With pandemic of COVID 19 - Corona Virus rampant globally and across our own country , there is very less likely demand for products thus inflation figures will not move ahead infact it is likely to fall down.
Hence on assuming above the DA is likely to fall to the levels of 75.4 % down by 0.5% from the February 2020 figures of 75.9%.
Considering the present situation our banker brothers should not get disheartened as from August 2020 onwards there is likely to have sharp increase in the DA slabs & percentage.
With pandemic of COVID 19 - Corona Virus rampant globally and across our own country , there is very less likely demand for products thus inflation figures will not move ahead infact it is likely to fall down.
Hence on assuming above the DA is likely to fall to the levels of 75.4 % down by 0.5% from the February 2020 figures of 75.9%.
Considering the present situation our banker brothers should not get disheartened as from August 2020 onwards there is likely to have sharp increase in the DA slabs & percentage.
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