Inflation in India and the world a comparison as on November 2013 & CG Employees demands

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The Inflation level in India is the highest at 11.468% as on November 2013 and from past one year it more than 10% .

In developed countries the inflation rate is just at 2 to 3% .

Even in other Asian  countries the inflation level is below 10% ,

The inflation rate in Sri Lanka was recorded at 4.40 percent in January of 2014.

 The inflation rate in Bangladesh was recorded at 7.35 percent in December of 2013.

The inflation rate in Pakistan was recorded at 9.20 percent in December of 2013.

 The money value has gone down in India due to higher inflation.

Actual price rise from 1/1/2006 to 1/1/ 2014 is 250 %.

 DA provided to CG Employees as on 1/1/2014 is 100%.

Net salary due for increase to CG Employees is 150%.

Hence DA merger, Interim relief, date of effect of 7^th CPC from 1/1/2014 should compensate the price rise effect.  

Minimum Salary for MTS / GDS should be Rs 27,000/- & Multiplying factor for all CG Employees should be three times the (Basic + GP).

All allowances should increase by three times.

 

Click here for view world inflation rate 

and 
http://www.tradingeconomics.com/