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Saturday, August 31, 2013

30-08-2013: media news on IDA rate........

BSNL Employees Industrial Dearness Allowance (IDA) Rates from October 2013 to be increased highly…
Industrial Dearness Allowance(IDA) rates are based on All India Consumer Price Index (IW) average for the specified months, and now the CPI [Industrial Workers(IW)] for the month of June and July 2013 increased and stood at 231 and 235 which are to taken for October 2013 Industrial Dearness Allowance(IDA).
BSNL Industrial Dearness Allowance 011013
Based on the average of Consumer Price Index [Industrial Workers(IW)], IDA of BSNL Employees is to be increased by 6.1% from 1st October 2013, where at present the Industrial Dearness Allowance(IDA) rate is 78.9% from 01.07.2013.

If 1 point increase in CPI numbers for the month of August 2013 will lead to a jump of 6.3% and if 2 point increase will lead to a jump of 6.6 % in IDA from 1st October 2013 and from 01.10.2013 IDA rates of BSNL employees is to be increased to 85% or more, and have a look for Old Industrial Dearness Allowance(IDA) rates of employees......