Saturday, 18 July 2015

IDA increase from July 2015 in BSNL

As the time passing, IDA is increasing very slowly in this fast moving inflation..

         every one notices that when prices of petrol and diesel decreases, market inflation remains steady (may decrease on papers) and as the price increase takes place in petrol and diesel, the inflation increase again and it shows an increasing graph in actual.

So a happy news for employees, where the Industrial Dearness Allowance (IDA) Rates calculates with All India Consumer Price Index (IW) which is based on weighted average of prices for consumer goods and services calculates with an average for specified months of March April and May 2015 issued by the Department of Labour Bureau of India by taking price changes for each item in the predetermined basket of goods.


So The IDA rates are going to be increased to 102.6% from July 2015 for Bharat Sanchar Nigam Limited Employees. 

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