The government should introduce for government employees a variable system of payment of dearness allowance linked to the monthly average of inflation percentage so that employees can tide over the steep hike in especially food prices as well as the withdrawal of subsidy payment for LPG which is making the cost of living unbearable for working class people. It has been noticed that revenue collection by the government in the form of GST, Excise, Corporate Tax and Income Tax has been quite robust and thus part of this benefit can be passed on to the employees so as to alleviate tight spending measures that households have to adopt. It would also be judicious on the part of the government to go slow on development projects by resorting to austerity as the lives of the people are more important during these hard times.
Similarly, the private sector should also be made to follow suit by making inflation-linked DA payable to all its employees. In such times, the interests of the people should be of paramount importance while going slow on conspicuous spending which should be restrained.
