Monday, 13 October 2014

JUSTICE DENIED



JUSTICE DENIED

IT SHOULD BE 6.9%, NOT 6.8%

As per proper calculation based on the 3 months average All India Consumer Price Index,

the IDA should be 98.2 percent with effect from 1-10-2014, an increase of 6.9% and not 6.8%.

Department of Public Enterprises in India ignored the universal principle of rounding of to the next higher level when any index is 0.5 or more. Here in the instant case, the rounding of is not done, denying justice to lakhs of workers and officers in various PSUs, inbcluding BSNL employees and BSNL Pensioners. It happened in 2007 earlier. At that time nobody pointed out, nobody protested.

Our Association is taking up the case with DPE.

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