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Oops.. The Cabinet meeting on DA hike postponed to next week


20 Sep, 2012 9:53p.m.

The meeting of the Union Cabinet, which was scheduled to consider the DA hike for the central government employees and pensioners, has been put postponed to next week.

"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.

Cabinet meetings are supposed to take place on Thursdays, but they have been postponed owing to political turmoil.

However the the figures (7%) as well as cabinet approval for the DA hike is just a formality and may not include a decision as it is based on the CPI-IW which has already been published. Even after the cabinet approval, it will take few days for the Finance Ministry to issue order

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