Dearness Allowance from Jan 2014 to be 100% 01 Nov, 2013 - TopicsExpress

Dearness Allowance from Jan 2014 to be 100% 01 Nov, 2013 12:33p.m. The Labour Bureau, Ministry of Labour & Employment have announced the All-India CPI-IW for September, 2013 which rose by 1 point over the month and now stands at 238. (Read the press release here) On 1-month change in terms of percentage, it increased by 0.42 per cent between August and September compared with 0.47 per cent between the same two months a year ago. With the available figures, its almost sure that the DA/DR from Jan 2014 may touch 100% , an increase by 10%. Considering the current inflation,, economic scenario and the reluctance of the government for tight measures as the elections are close, the DA rates can even touch 101%. (Source : Staff-corner)

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