Now, factoring in these points, the revised basic pay may be 125% - TopicsExpress

Now, factoring in these points, the revised basic pay may be 125% of 1.4620 or 1.528, as discussed above. Thus, the revised basic pay will translate to 1.8275 or 1.91% of the present basic pay. This is the worst possible scenario. Suppose the cut off date for merger of D.A. is taken as 30-09-2011 as was done last time, the revised basic pay before additional load will be 1.6015 times the present basic. Then adding another 25%, the revised basic will be 2.001875 times the present basic pay. At this level, the settlement appears to be somewhat good. Suppose the cut off date for merger of D.A. is taken as 31-03-2012 and the additional increase foreseen is 30%, then the revised basic pay after merger of D.A. will be 1.6420 times the present pay and after the additional load of 30%, the revised basic pay will be 2.1346 times the existing basic pay. This is a good settlement. Suppose the cut off date for merger of D.A. is taken as 30-09-2012. As the D.A. was 76.50% on 30-09-2012, the revised basic pay will be 1.7650 without any additional load. With the additional load of 25%, the revised basic pay will be 2.20625 times the existing basic pay. If this can be secured, it will be considered as a very decent wage hike. But this possibility is very unlikely, inasmuch as the lackadaisical attitude of the unions and the weakness of the leaders in effective bargaining meena ramesh

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