Friday, 21 September 2012

7% D.A Hike for July 2012 - Cabinet Meeting Postponed

As per our earlier post the Union Cabinet Committee is likely to consider the Next D.A Increase with effect from July 2012, But due to some reason the Cabinet Meeting is postponed.

"The Cabinet, CCEA (Cabinet Committee on Economic Affairs) and CCI (Cabinet Committee on Infrastructure) meetings scheduled for Friday, have been postponed," an official announcement said.

But the percentage of D.A may be unchanged due to the practice of calculating D.A based on the AICPIN -IW and it is already recorded. It will take a few more days to issue the New D.A order, even after approved by the Union Cabinet.

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