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Wednesday, December 19, 2018
Tuesday, December 18, 2018
Jan 8th & 9th 2019 strike demands
NATION WIDE TWO DAYS STRIKE ON
8th & 9th JANUARY 2019
8th & 9th JANUARY 2019
strike demands
*SCRAP
NPS & RESTORE OPS.
*HONOUR ASSURANCES GIVEN BY GROUP OF MINISTERS on INCREASE
MINIMUM PAY AND FITMENT FORMULA.
*REGULARISE GDS EMPLOYEES, CONTRACT & CASUAL
LABOURERS.
* Fill up all vacant post.
SETTLE 10 POINT CHARTER OF DEMANDS OF CONFEDERATION.
*Our
wages and other benefits are under attack.
* Our
job security & social security is under attack.
* Our
trade union rights are under attack.
Struggle is the right path
participate in the strike make 8th & 9th JANUARY 2019 a grand success
Monday, December 3, 2018
New Pension Scheme Demand To Scrap it.
NEW PENSION SCHEME (NPS):
The New Pension Scheme is made
compulsory for Government employees was brought into effect 2004, this has
effected them a lot, lot of agitations are being carried out on scrapping the
New Pension Scheme, this agitations has
forced many State Governments such as Karnataka, Kerala, Andhra Pradesh, Delhi State Governments
to reconsider this New Pension Scheme and formed an expert committee to review
this New Pension Scheme. This New Pension Scheme was not implemented by West Bengal State Government. In this angle
an analysis is made all about New Pension Scheme and ways to scarp or modify
the New Pension Scheme to benefit the Government employees at large is
suggested.
Need for
Pension :
The Pension
System thus started in India was finalized by the Indian Pension Act of 1871.
It appears that the British Government had the conception of providing its
pensioners increase in their pensions to neutralize the effect of inflation.
Pension is a reward for past service. It is undoubtedly a condition of
service but not an incentive to attract new entrants, the Pension is paid for
past satisfactory service rendered, and to avoid destitution in old age as well
as a social welfare or socio-economic justice measure, the fact that the cost
of living has shot up and correspondingly the possibility of savings has gone
down and consequently the drop in wages on retirement.
That pension is neither a bounty nor a matter of grace depending upon
the sweet will of the employer and that it creates a vested right subject to
1972 rules which are statutory in character because they are enacted in
exercise of powers conferred by the proviso to Art. 309 and
clause (5) of Art. 148 of the Constitution; (ii) that the pension is not an ex-gratia
payment but it is a payment for the past service rendered; and (iii) it is a
social welfare measure rendering socio-economic justice to those who in the
hey-day of their life ceaselessly toiled for the employer on an assurance that
in their old age they would not be left in lurch.
As on
01-01-2018 there were 51.96 lakh pensioners in the country, including from
Central Civil Services, Railways, and Post, Defence and Defence
civilians.
EVOLUTION
OF NEW PENSION SCHEME (NPS)
IN INDIA:
In 1991 Government of India as introduced diverse economic reforms
to pull the country out of economic crisis and to accelerate
the rate of growth. These reforms are often described as the New
economic policy (NEP) or policy of LPG where L
for liberalisation; P for privatisation; G for globalisation. The Congress
Government under the Prime Ministership of Hon’ble Prime Minister Shri P. V.
Narasimha Rao, the signed an agreement with the International Monetary
Fund (IMF) to get the IMF loan in which the IMF had imposed various conditions
to get the soft loan which includes pension reforms , which the Indian
Government Congress Government had accepted
it to reform in a 10 years period .
On the
basis of the decision taken in the Eleventh Conference of State Finance
Secretaries held in the Reserve Bank of India (RBI) during January 2003, a
Group was constituted by the RBI in February 2003 to study the pension
liabilities of the State Governments and make suitable recommendations.
The
"Pension Fund" to be created under the proposed revised schemes
should be kept completely outside the States' Consolidated Fund and the Public
Account
The pension
systems, both for Civil Servants and other citizens, as evolved over the years
have begun to show signs of financial stress in many countries, including
India. Since the pension benefits of Government employees are usually paid from
the general revenue of the Governments, the steep rise in such liabilities
adversely affect the fiscal soundness of the Government entities. In India too,
the increasing pension liabilities of the Central and State Governments have
emerged as a major area of concern, especially in the wake of fiscal
deterioration in recent years. About 20% of the state Government funds are
spent on pension.
During the Hon‘ble Prime Minister Shri Atal Bihari
Vajpayee of NDA was in power from 1998 to 2004 which
implemented this agreement of IMF on pension reforms . The NDA Government
constituted two committees namely B.K.Bhattacharya committee
headed by Shri B.K.Bhattacharya, Former Chief Secretary, Government of
Karnataka as chairman and under the Chairmanship of
Shri Biju Patnaik, Chief Minister of Orissa , both these committees recommended
introduction of New Pension Scheme (NPS) & Hon‘ble Prime Minister Shri Manmohan Singh of Congress
(UPA) was in power from 2004 to 2014 continued to accept these
pension reforms.
The New Pension Scheme (NPS) was
announced on December 22, 2003 by the NDA Government, for all new
government employees excepting those in the Armed Forces. This
brand new system replaces the defined benefit system of pension and
this includes GPF. Contributory pension scheme is for entrants
who joined after 1st January 2004.
While the
NPS is mandatory for the Central government employees, it has potentially a
much wider reach. As of March 2007, 19 states which have decided to introduce
similar schemes, mandating newly recruited civil servants to mandatorily join
the NPS‐type scheme.
The NPS started with the decision of the Government of India to stop
defined benefit pensions for all its employees who joined after 1
January 2004. While the scheme was initially designed for government
employees only, it was opened up for all citizens of India in 2009.
Over 15 lakhs Government employees are currently registered in NPS scheme.
The
Department of Economic Affairs (DEA) at the Ministry of Finance, notified a new
pensions regulator in August 2003, before the NPS commenced operations in
January 2004. The PFRDA bill was presented in 2005, and was finally passed in
Parliament in 2013.
Let us analyse why Government is adopting the pension reforms:
Slno
|
Indian
Government View
|
Employees
view
|
1
|
The ratio of retirees to workers is on continuous rise and
further by 2030 the 25% of the population (200 million pensioners) will be
above 60 years of age.
|
The large number of employees are effected by the New Pension
reforms, hence Government should keep it in mind the interest of the large
chunk of employees
|
2
|
The Pension system shall put enormous financial pressure on
the Government and take away funds meant for social cause spending, this will
cause a drain on the state of economy.
|
About 80 % of employees are Group “C” workers, the pension
amount is ultimately spent by them for their daily needs and money flows into
the market and economy will not be effected , secondly Government is a model
employer and it has social responsibility towards its employees.
|
After a
decade of existence, there is need to examine the existing NPS and compare the
performance of this system to the goals with which it was created.
*One of the
key bottlenecks has been the lack of a sound regulatory framework, put in place
by an empowered and independent regulator. The PFRDA Bill that had been pending
since 2002 was finally passed in 2013. This enables the formal
institutionalisation of the PFRDA as the regulator of the NPS. The PFRDA can
now take on the task of both the relatively short term agenda of closing the
gap between the current NPS and the original design.
*Central
government employees can invest in these assets only through their Tier II
account which get higher returns on longer period.
* After the enactment of the Pension Fund Regulatory and Development
Act, 2013, it is not the exclusive liability of the government to pay the
pension."
The Ministry of Finance will
oversee and supervise the Pension Funds through a new and independent Pension
Fund Regulatory and Development Authority.”
WHAT
IS THE NATIONAL PENSION SCHEME?
Each Government employee contributes 10 % of his salary (Basic Pay + DA
+ DP) to the pension account , which is then matched by a Government
contribution of an equal amount .
National
Pension Scheme or New Pension scheme is a pension plan offered by the
government. Investment in this scheme is via debt and equity market. The
invested amount is locked until retirement. At retirement age, you can withdraw
60% of the maturity amount while the balance40% must be invested in annuity.
The maturity amount is taxable. The NPS is regulated by the PFRDA and fund
management is by designated fund managers from the private and public sector.
NPS has the lowest charges.
From our salaries and daily allowance, 10 per cent is cut towards
pension and an equal amount is given by the government. This amount is invested
into the share markets under the new scheme.
An NPS subscriber can
withdraw 25% of his contribution to the corpus for emergencies before
retirement. Instead of withdrawing the
entire amount at retirement, you can withdraw Rs 25,000, or
25% of your contribution, earlier, without any tax incidence. The remaining Rs
1.75 lakh is withdrawn on retirement.
New Pension Scheme extension of benefits of Retirement Gratuity and
Death Gratuity to the Central Government employees
covered by New Defined Contribution Pension System (National Pension
System)-regarding. All these condition
would be equally applicable for grant of gratuity to employees
covered under New Pension Scheme.
An
individual can claim tax deduction of upto 10 percent of the salary contributed
towards NPS under Section 80 C. For those contributing through the corporate
scheme, an employee can claim tax deduction on contribution made by the
employer, not exceeding 10 percent of his basic salary plus dearness allowance
(if any) Under Section 80 CCD (2). This is above the overall limit of Rs.1 lakh
offered under Section 80C.
How New Pension Scheme (NPS)
is affecting the Government employees.
The New Pension Scheme is highly
disadvantageous to the Government employees under the present situation the pension amount is invested into the
share markets under the new scheme. If
the markets are doing well, the employees will get a good pension if the share
market fails no pension is available to them. Under the old system, employees
would get a fixed amount as pension that was 50 per cent of their last basic
salary. When the salary was hiked, the pension amount too would be revised.
Under the present NPS system, there is no security as pensions depend on market
conditions. Secondly the NPS is highly
disadvantageous if the length of the Government service is less if a employee
serves for 20 years, he draws a pension of about Rs 3,000/- to Rs 5,000/ only.
If he completes 33 years of service he draws about Rs 12,000/- to Rs 15,000/-
compared to Rs 15,000/- to Rs 20,000/- in the old pension system, this new
pension system needs a deep study and its minimum pension should be at least
50% of the last pay drawn. It is upto the Government how and where the money is
invested, but a minimum guarantee of
50% of the last pay drawn should be assured by the Government to the employee.
Under New Pension Scheme is in reality much
steeper than what the quantum of pension would indicate the differential
treatment for those retiring under Old
Pension scheme and New Pension Scheme, would be according differential treatment to
pensioners who form a class irrespective of the type of retirement and,
therefore, would be violate of Art. 14. It
was also contended that classification based on fortuitous circumstance of
retirement in old or New Pension Scheme, fixing of which is not shown to be related to
any rational principle, would be equally violate of Art. 14.
Pension
Scheme around the Globe :
The USA, Canada,
United Kingdom, China , Germany etc. Governments have a
scheme of a Defined Benefit (DB) pension is where you
receive a specific amount of pay out that is guaranteed by employer, regardless
of how their pension investment performs. Your defined benefit amount depends
on how much is paid into the plan and your years of service with that employer.
CONCLUSION:
The Indian
Government should also have a similar Defined Benefit (DB) pension scheme like other major countries in
the world have, as many state Governments are re thinking on the New Pension Scheme, hence this New Pension Scheme should be remodelled to suit the Government employees.
The Government should take up more
social responsibilities of protecting its employees.
We request the government to reintroduce the
old pension system. For
this a greater movement should take place amongst the New Pension Scheme
employees forcing Central Government to rethink the new pension policy adopted
after 2004.
P.S.Prasad
Working President
COC Karnataka
Friday, November 30, 2018
Consumer Price Index for Industrial Workers (CPI-IW) - October , 2018 & DA
The All-India CPI-IW for October , 2018 Increased by one point now stands at 302 (three hundred and two).
Thursday, November 1, 2018
Consumer Price Index for Industrial Workers (CPI-IW) - September, 2018 & DA
The All-India CPI-IW for September, 2018 remained stationary at 301 (three hundred and one). On l-month percentage change, it remained static between August, 2018 and September, 2018 and it was also static between the corresponding months of previous year.
Expected DA is 12 % from Jan 2019 if the CPI raises less than 5 points in coming three months , if it raises more than 5 points DA shall be 13%.
Saturday, October 27, 2018
The minutes of COC Karnataka meeting held on 25-10-2018
The minutes of COC Karnataka meeting held on 25-10-2018 at 6-30pm at ITEF, Queen's Road, Bengaluru is detailed out as under:
The president Com.Radhakrishna welcomed all COC affiliates.
Gen. Secretary Com.Vinod also welcomed all the members present and requested the working president Com. P.S. Prasad to brief the outcome of Convention of the Confederation held on 10-06-2018 at Hyderabad.
Com. P.S.Prasad briefed that, about 30 Comrades from COC Karnataka attended the Convention, in which there was a decision taken by our Confederation to have a independent strike in November or join the All India Trade Union General Strike slated nearby.
1)COC Karnataka resolved to hold a Convention on 'SCRAP NPS' preferably during 2nd week of December 2018, in order to mobilize the membership for General Strike to be
held during January 2019. The date of Convention will be intimated shortly after finalising the venue for the same.
2) Issue Regarding Women's Convention was deliberated upon, scheduled at Haridwar on 29th and 30th of October. No. of women Comrades participation is yet to give their confirmation to attend the Convention.
3)It was decided to open an MIS A/c in Postal and to auto transformer the I retest to SB Account and also to give necessary standard instructions for the I t amount to be paid as monthly RD, in the name of Gen.Secretary and Treasurer, as authorised signatories to operate the Bank Account.
4) The President Com. Radhakrishna briefed about Bombay High Court"s judgement on MACP to be effected from 01-01-2006.
5)Subscription of Rs.800 (2017-18 and 2018-19) was paid by Survey of India Class III SA and
Rs.800 was paid by Survey of India MSI. Postal Accounts paid Rs.1500 and Postal Admin remitted
Rs.1000. payment was also remitted by RMS R3-Rs.5000 and R4-Rs.3000.
6)Com.Dominic has been promoted as AAO and has been transferred to Jammu. He was bid farewell by way of honouring with a shawl and bouquet by COC Karnataka,
Com.Dominic resigned as Joint Secretary and Com.Padmini Rudraiah, has been co-opted from Postal in his place.
7)Com. Jayashree, Assistant Secretary CoC promoted as ITO and transferred to Goa and in her place Com.Gerald Manuel has been co-opted from IT Dept.
8)Com.Dominic voluntarily donated a sum of Rs.1000/- as Individual contribution to CoC Karnataka.
Meeting concluded at 8pm with vote of thanks by Genl. Secretary Com. Vinod
Thursday, October 25, 2018
COC Meeting on 25-10-2018
Respected Comrades of all affiliates of COC karnataka,
Meeting of COC karnataka will be held at 6.30 pm
on 25-10-2018 @ ITEF Association room, Queen's Road Bengaluru.
Agenda:
Outcome of Confederation meeting held at Hyderabad on 10-6-2018.
Out come of Central Government employees rally at New Delhi on 5th September 2018.
Strike call of Confederation given on 8th and 9th Jan 2019 by all Central Govt Employees & Trade unions
Subscription of all affiliates to COC Karnataka.
Any other matter.
All are requested to attend the meeting without fail.
Revolutionary greetings,
Vinod
Gen Secy
COC Karnataka
Friday, October 19, 2018
Travel entitlements of Government employees for the purpose of LTC post Seventh Central Pay Commission
"It has been
decided to allow the claims of the Government employees in Level 6 to Level 8 of the Pay
Matrix, who had traveled by air as per the revised TA rules while availing LTC during
13.07.2017 to 19.09.2017".
CLICK HERE FOR ORDERS
Tuesday, October 9, 2018
Bonus Order
Grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) to Central Government Employees for the year 2017-18
CLICK HERE FOR ORDERS
CLICK HERE FOR ORDERS
Thursday, October 4, 2018
ALL INDIA WOMEN’S TRADE UNION CAMP 2018 OCTOBER 29th & 30th HARIDWAR
CONFEDERATION OF CENTRAL GOVERNMENT EMPLOYEES & WORKERS CENTRAL HEADQUARTERS
IST FLOOR, NORTH AVENUE POST OFFICE BUILDING, NEW DELHI-110001
Dated 03-10-2018.
WELCOME TO ALL WOMEN DELEGATES & LEADERS
ALL INDIA WOMEN’S TRADE UNION CAMP
2018 OCTOBER 29th & 30th HARIDWAR
All Affiliates, C-O-Cs and Women Comrades are requested to mobilize maximum number of delegates to attend the Camp. Affiliates, please instruct all your units to ensure maximum participation. Book tickets immediately.
Com: Subhashini Ali, Ex.MP - and Fighting leader of the working class will inaugurate the camp. Com: Kirti Singh, Advocate, Supreme Court & Convenor, Legal Cell, AIDWA will take class on “Women’s Social Status and Rights in Indian Society and our Task”. Com:T.K.Rajalekshmi, Frontline, will take class on “Media and Politics”. Com. K.K.N.Kutty, President and Com.M.Krishnan, Secretary General and other Chief Executives of Confederation and affiliates will speak on the subject - “SCRAP NPS, RESTORE OPS - Confederation charter of demands and Two days Nationwide strike on 8th & 9th January 2019”. Com.Usha Bonepalli, President, Women’s Committee will preside and Com.R.Seethalakshmi, Convenor, Women’s Committee will address the camp.
The camp will commence on 10 AM on 29th October and conclude at 2 PM on 30th October, 2018.
Welcome to all women delegates and leaders. All India Women’s Convention will also be held along with the camp.
Fraternally yours,
Usha Boneppalli, R.Seethalakshmi
Chairperson Convenor
Women’s Committee Women’s Committee.
K.K.N.Kutty M.Krishnan
President, Secretary General,
Confederation. Confederation.
Com.R.N.Parashar, SG NFPE & Chairman,COC, UP State - Mob: 09718686800
Com.Virendra Tiwari, Working Chairman, COC, UP State - Mob: 09839195933
Com.J.P.Singh, General Secretary, COC, UP State - Mob: 08005445445
Saturday, September 29, 2018
Consumer Price Index August 2018 & DA September 2018
Consumer Price Index Numbers for Industrial Workers on Base 2001=100. Monthly Index - August 2018 is 301 points.
There has been no increase or decrease in CPI in August 2018
DA as on 1st September is 10.88%. The present DA as on 1st July 2018 is at 9%.
Wednesday, September 5, 2018
Golden Jubilee of Historic Strike on 19-09-1968-Salute to participants of struggle
By
Comrade S Radhakrishna
In the history of workers in struggle in India the
nationwide strike of Central Government Employees on 19thSeptember,
1968 has a prominent place. This year we are celebrating golden jubilee of that
historic strike. All the leaders who lead and participated in the strike have
retired and some of them are no more.
The indefinite strike of Central Govt. Employees in1960 was the first
major strike of Central Government. Employees after independence. The five days
strike from 1960 July 11 midnight was brutally suppressed by the Central
Government declaring it as “Civil Rebellion”. The main demand of the strike was
improvement and modifications in the 2nd CPC recommendations. The Need Based
Minimum Wage, though adopted by the 15th Indian Labour Conference in 1957, was
rejected by the 2nd CPC.
The Joint Consultative machinery (JCM)
was constituted in 1966 as a forum for discussing and settling the issues
raised by CG employees. GL Nanda then
Home minister of India inaugurating the JCM on 28-10-1966 expressed a hope that
“that the strikes will be made superfluous”.
Jagajivan Ram then labour Minister expressed a hope that “I wish that
the Council will function in such a way that all the disputes or differences
that may arise, will be resolved by them and no occasion will be provided for
the Labour Minister to exercise his authority of setting up of the Board of
Arbitration.”
There was an apprehension among sections of leadership that this
negotiating machinery may not settle any major demands of the Central Government
employees and may become just a talking shop or a time killing business,
ultimately resulting in abnormally delaying the genuine demands. Unfortunately this apprehension became
reality within one year of formation of JCM. In the very first meeting of the
National Council JCM, the following three demands were notified by the staff
side.
1. Grant of Need Based Minimum Wage as approved by the 1957 Tripartite
Labour Conference. 2. Merger of DA with Pay and 3. Revision of DA formula.
After prolonged discussion for more than one and a half year
disagreement was recorded. According to
the JCM scheme once disagreement is recorded the matter should have gone to
arbitration, but Government refused to refer the matter to arbitration. Protesting against this arbitrary stand of
the Government, the staff side leadership walked out of the JCM and decided to
go for one day’s strike. A Joint Action Committee was formed and the date of
the strike was decided as 19th September 1968. The following were the main
demands of charter of demands for the strike
1. Need Based Minimum Wage. 2. Full neutralisation of rise in prices. 3.
Merger of DA with Basic Pay. 4. Withdrawal of proposal to retire employees with
50 years of age or on completion of 25 years of service. 5. Vacate
victimisation and reinstate victimised workers. 6. No retrenchment without
equivalent alternative jobs. 7. Abolition of Contract and Casual Labour System.
Strike notice was served and the Joint Action Council (JAC) decided to
commence the strike at 0600 AM on 19th September 1968. Intensive campaign was
conducted throughout the country. AIRF, AIDEF and Confederation was the major
organisations in the JAC. Government invoked Essential Services Maintenance
Ordinance (ESMO) to deal with the strike. Government also issued detailed
instructions to impose heavy penalty including suspension, dismissal,
termination, break-in-service etc. on the striking employees. Para-military
force (CRPF) and Police were deployed to deal with the strike. Central
Government gave orders to all State Governments to suppress the strike at any
cost. Kerala was ruled by the Communist Government during the strike. Chief
Minister. E. M. S. Namboodiripad declared Kerala Government’s full support to
the strike of Central Government employees. The Central Government threatened
dismissal of the Kerala Government for defying the Centre’s directive to suppress
the strike.It was a war-like situation. Arrest of Leaders started on 18th
September itself. About 3000 employees and leaders were arrested from Delhi
alone. All over India about 12000 Central Government employees and leaders were
arrested and jailed.
At Bangalore
the preparations for strike was well done under the dynamic leadership of Com.
P. R. Chabaque who was the convenor of the Joint Action Committee here.
Intensive campaigning was done through pamphlets and office centric meetings. A
massive rally was held in Railway Institute ground behind City Railway station.
Some arrests under ESMO were made at Bangalore. Some of the leaders arrested included
Chabaque VV Jacob, K.P. Nair and A.K.P Pille from Survey of India, Jayaram,
Kopeswar Rao, and Namboothri from Railways and many other leaders from other
organisations. Houses of many leaders
were raided and searched. Some of the leaders who were very active in the
preparation of strike are Raghothaman,
CV Ananda, N Bhaskaran, Muthu Subramanian (RMS), MM Farooqui (Telegraph), BN
Prakash (Postal), Ramakrishna Shastri,
MS Nagaraj (AGS)and many others.
In spite of all these repressive measures the strike commenced on 18th
after noon itself at many places and was a massive success all over India and
in all departments including Railway, Defence, P&T, Audit etc. About 64000
employees were served with termination notices, thousands removed from service
and about 40000 employees suspended. Seventeen striking employees were brutally
killed at Pathankot, Bikaner, DelhiIndraprasthaBhavan and at Upper Assam in
lathi charge, firing by police and military and by running the train over the
bodies of employees who picketed the trains.
Though the strike was only for one day on 19th September 1968, the
victimisation and repression continued for days together. Struggle against
victimisation also continued including work-to-rule agitation, hunger fast of
leaders from 10th October 1968. There was unprecedented support to the strike
and relief work and also to agitation for reinstatement of the victimised
workers, from National Trade Unions, state Government
employees and teachers Unions/Federations etc. A mass rally was organised
before the residence of Prime Minister of India Smt. Indira Gandhi on 17th
October, 1968.
19th September 1968 strike is written in red letters in the history of
Indian Working Class. The demand raised by the Central Government employees –
Need Based Minimum Wage – was the demand of entire working people of India.
Even today, the Central Government employees and other section of the working
class are on struggle path for realisation of the Need Based Minimum Wage.
There
are pages and pages to be written on the sacrifices of the workers in
connection with the strike. The strike
was historic in more than one sense. The same government which refused to
accept the demands were compelled to implement some of them afterwards. No struggle goes in vain. The long term impact of a struggle for a
genuine cause should be understood properly. The benefits of past struggles
often accrues to the present/future generation.
Struggles are inevitable to establish more and more equitable peaceful
society.
Let us
salute the martyrs of past struggles.
Let us
remember with gratitude all those who suffered immensely in the past struggles.
Let us carry
forward the proud legacy left behind them to make the life of future
generations brighter.
Let us
resolve to make future struggles massive success.
Saturday, September 1, 2018
Consumer Price Index July 2018 & DA August 2018
Consumer Price Index Numbers for Industrial Workers on Base 2001=100. Monthly Index - July 2018 is 301 points.
There has been very big increase of 10 points in July 2018 , this increase of CPI is highest in last four years.
DA as on 1st August is 10.36%. The present DA as on 1st July 2018 is at 9%.
we can expect 3% to 4% DA on January 2019.
There has been very big increase of 10 points in July 2018 , this increase of CPI is highest in last four years.
DA as on 1st August is 10.36%. The present DA as on 1st July 2018 is at 9%.
we can expect 3% to 4% DA on January 2019.
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