In a bid to provide relief from high inflation, the government today increased dearness allowance (DA) by 6 per cent to 51 per cent, benefiting over 50 lakh central government employees and 38 lakh pensioners.
http://www.mathrubhumi.com/english/story.php?id=106287
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Very good step taken by Government to fight with inflation. Thanks for sharing.SPELLING CORRECTED
Govt. employees will benefit. But increasing D.A. will not reduce prices. Rather the prices may increase further. Moreover, this is neither good nor bad step. The Government have to revise D.A. twice a year viz. first July and first January every year on basis of price index. This is rule that is followed and there is nothing significant about this.
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Abid Areacode
@Abid Areacode
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Tuesday, 22 March 2011 13:33
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Tuesday, 30 November -0001 00:00
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