Wednesday, December 3, 2014

IDA Rates from 01-01-2015



All India Consumer Price Index (IW) is based on weighted average of prices of consumer goods & services calculates on average for specified months of September, October & November 2014 issued by the Department of Labour Bureau by taking price changes for each item in the predetermined basket of goods.Now, as per All India Consumer Price Index Numbers for Industrial Workers - CPI(IW) issued by Department of Labour Bureau, CPI has not been increased any point for September & October 2014 months, which is to be taken for January 2015(01-01-2015) Industrial Dearness Allowance (IDA) rates.If there is an increase in AICPI index records for November 2014 for about 1 point, IDA rates will expect for an increase of 1.9% from present Industrial DA (IDA) rates and moves to 100.53, if there is a a drop of 4 points in AICPI will also result an increase of 1% from present rate of 98.1% for BSNL employees from 01.01.2015.
BSNL Expecting Industrial Dearness Allowance Rates from 01.01.2015
The expected increased IDA rates, if any for BSNL PSU employees from January 2015 will be confirmed after getting average price index number of November 2014 on 31-12-14, then after Department of Public Enterprises will issue the orders for increased IDA rates from 01.01.2015,

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