CHQ NEWS
The Labour Bureau of India has released the Consumer Price Index for July 2015.
It is 263 Points.
If the Index remains at the same 263 level for August 2015, then, it is sure that the IDA rate from October will be increased at least by 5%.
Exact position can be told only on 30th September evening.
This is only a presumption with calculation of two months.
DA will increase.Some people will be happy.That is not the solution.
The price of many commodities is rising.
Purchasing power of workers and pensioners is decreasing day by day.
Government has totally failed to control price rise.
Everything is left to the market forces.
Recent crisis in China will adversely affect Indian economy too.
Hard days are ahead.
CENTRAL TRADE UNIONS FIRM ON STRIKE ON 2-9-2015
All the Central Trade Unions, barring BMS, have decided yesterday to go ahead the proposed general strike on 2nd September 2015. BMS has backed out after the talk with inrter-ministerial committee.
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