The Labour Bureau
released the AICPIN points for the month of May yesterday. The AICPIN
points, which had remained stagnant at 242 has increased by 2 points to
touch 244 now. This has led to an increase of the Dearness Allowance
for the month of May from 105.02 to 106.17.
With only one month left
for the calculation of the second installment of additional Dearness
Allowance of the year, one can be almost sure that it would bring a
hike of 7%.
The two previous rounds
of Dearness Allowance revision brought hikes of 10% each. One could
sense an air of disappointment and lack of enthusiasm among the
employees this time.
Another reason for the
disappointment is the fact that despite the Dearness Allowance
increasing by more than 100%, it has still not been merged with the
basic pay. There was a lot of expectation that the new Government at
the Centre will implement this much-awaited and much-expected change.
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