DA increased only 65% instead of 152% - Confederation
DA increased only 65% Price raise in last 6 years is 152% Confederation of Central Government Employees and Workers Secretary General Shri.K.K.N.Kutty has explained through a letter to all his comrades, which is published on its official blog that the they have prepared a compartive chart of the price of 14 commodities, which go into the computation of minimum wage. Placed there-under is the computation of the Minimum wage on the basis of the prices of the requisite articles as in January, 2012. It could be seen there-from that while the prices on an average registered an increase of 152% the DA compensation had only been 65%. This fact may kindly be used to bring home the necessity of revision of wages immediately. The chart is given below... Sl. No Item Rate Anushakthi nagar co-op stores Chembur open market Average GROCERY ITEMS 01 Rice Old Masuri 24.00 32.00 28.00 02 Wheat 21.00 25.00 ...