Friday, 2 January 2015


All India Consumer Price Index for Industrial Workers (AICPI-IW) is at 253 for the past 4 months from August 2014 to November 2014.

This trend is in line with Scenario 1 discussed in our earlier article on estimation of Central Government Employees DA from January 2015. While we have Actual AICPI for November 2014 now, which is exactly the same as in Scenario 1, even for increase of this index up to 262 in December 2014, DA from January 2015 will be 113%

Click here to read the previous article : Increase in DA from January 2015 estimated to be 6% or 5%

Holiday in UT on Jan 7

Chandigarh, January 1
In a flip-flop, the UT Administration today declared January 7 as a public holiday in the UT on account of the birth anniversary celebrations of Guru Gobind Singh.
Earlier, the UT had cancelled the public holiday on January 5 to mark the birth anniversary.

Govt to build 6 more schools for meritorious poor students

Amritsar, January 1
Chief Minister Parkash Singh Badal here today said the SAD-BJP Government would open six new schools for students belonging to economically weaker sections (EWS) who secured 80 per cent marks in Class X in government schools.
Badal said the government’s thrust was on providing quality education to the poor children.

Wednesday, 24 December 2014

Bank Unions wage increase demand irrational: IBA

Indian Banks’ Association said it is the only representative body of banks which acts on the mandate given by the banks for wage settlement, a statement issued here said.
It said IBA’s Negotiating Committee comprise of CMDs of Public Sector Banks as well as Private Sector Banks which are parties to the Bipartite a settlements has started the wage negotiation in right earnest since October 2012.

CBSE schools closed for Christmas

New Delhi, December 23
The CBSE is all set to mark Christmas as Good Governance Day in its schools which would be closed on account of a public holiday on December 25.
The board has invited entries from students to mark the Good Governance Day on December 25 to remember former PM Atal Bihari Vajpayee. Vajpayee’s birthday falls on December 25.