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Is 1% DA hike Justified?

Central Government yesterday announced tremendous hike in  salary of its employees by releasing additional DA @ 1%. 

With the release of this DA Dalal Street become abnormally busy and BSE and Nifty Index shooting to all time highest for the last 10 years. 

Similarly booking of Audi,  Mercedes Benz and Lemborgini cars recorded steep increase. 

Reportedly the service class has also made huge investment in cash purchase of immovable properties in posh areas including Greater Kailash and Connaught Place in national capital. 

Aviation sector is learnt to have a house full situations for next six months for World Tour and European Tour bookings.  It is noteworthy that the employees were eagerly waiting for this bonanza for some days. 

With this historical master stroke, the government seems to have rendered the opposition in a speechless situation and is thus expected to make a clean sweep in 2019 general elections.

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