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Tag Archives: IDA

IDA increased by 1.9% from 01-07-2017

30 Friday Jun 2017

Posted by VAN NAMBOODIRI in General

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IDA, PSU

The IDA has been increased from 117.1% to 119%, an increase of 1.9% w.e.f. 1st July 2017. Orders are expected shortly.

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DPE issued orders increasing IDA by 5.5%

06 Thursday Oct 2016

Posted by VAN NAMBOODIRI in General

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120.3% from 1/10/2016, IDA

Department of Public Enterprises (DPE) has issued orders increasing the IDA to 120.3% w.e.f. 1st October 2016. The increase is 5.5% on the basis on the increased cost of living.

Endorsement by the BSNL is expected shortly.

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No Change in IDA w.e.f. 01-04-2016

31 Thursday Mar 2016

Posted by VAN NAMBOODIRI in General

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01-04-2016, IDA

Though the Price Index has come down in the last month, there will be no reduction in the IDA w.e.f. 01-04-2016. COL for the last three months are 269, 269 and 267 and hence there is no reduction in the average. As such no change in the IDA – neither increase nor decrease.It will remain as 112.4%.

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IDA increased from 88.4% to 91.3% ( 2.9% increase)

30 Monday Jun 2014

Posted by VAN NAMBOODIRI in BSNL News

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BSNL, IDA

The IDA for BSNL Employees will be raised from 88.4% to 91.3%, by an increase of 2.9%, with effect from 1st July 2014.
The orders are expected to be issued soon.

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IDA being reduced from 90.5% to 88.4% w.e.f. April 2014 ?

31 Monday Mar 2014

Posted by VAN NAMBOODIRI in BSNL News, PSU

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Consumer Price Index, IDA, PSU

It is understood that the IDA for PSU employees including BSNL employees will be reduced from 90.5 % from January 2014 to 88.4% from April 2014, a reduction of 2.1%. This is attributed to the decrease in the Consumer price Index (CPI) for the industrial workers.

We are at a loss to understand how the CPI has come down when the prices of all essential commodities have been going up continuously for the last so many months, without any reduction. There is clear indication that the UPA government in its last phase, before the general election has taken its revenge on the working class by manipulating the CPI. An enquiry is to be conducted on how the CPI has come down. The new government should go in to the matter to do justice to the workers

 

 

 

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4% IDA increase from July 2013

28 Friday Jun 2013

Posted by VAN NAMBOODIRI in BSNL News

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IDA, pension

As per the calculations IDA will increase 4% w.e.f. 1st July 2013. The total IDA will come to 74.9 + 4.0 = 78.9%. This will be applicable to pensioners also. Orders are yet to be issued.

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