6% DA Bonanza for Central Government Employees

When most of the Private Sector employees may be praying for their jobs in this period of slowdown, Government employees have another reason to celebrate. After a liberal 6th Pay commission recommendation and other benefits like 5 days week announced by some state governments, its time for the central government employees to cheer up as UPA Government today announced a 6% hike in Dearness Allowances with effect from 1st January,2009.

While the government is leaving no stone unturned to please the people in an election year, this decision is going to add another Rs. 3500 Crore to the Fiscal Deficit. Rumors are abuzz that the next in line is a decision to cut price of Diesel which would further benefit the public at large. With these bounties being showered, you must be preparing your resume for a Government Job or wishing that elections should be a yearly phenomenon. Aren’t you !!