Tuesday 31 March 2015

IDA increase from 1.4.2015

31-3-2015

IDA FROM APRIL 2015: 
INCREASE BY 0.2 PERCENT !

The Labour Bureau of India has declared the All India Consumer Price Index (AICPI) for  February 2015.
It is 253 points.   There is a decrease of one point from the previous month of January.
[Plese ignore the previous posting wherein it was mentioned decrease of 2 points.)
With the above, the IDA  from April 2015 can be calculated as under:

AICPI for December 2014:            253 Points
AICPI for January 2015:                254 Points
AICPI for February 2015:              253 Points
______________________________________
Total for the 3 months:                 960 Points
Average for 3 months:                 253.3 Points
Merged  in Pay from 2007:           126.33 Points
Increase over 126.33:                    127.00 Points

Percentage of Increase:               100.5

Existing (From Dec.2014)             100.3%

IDA FROM APRIL 2015 is 100.5%  

Net Increase                                        0.2%

…………………………………………………………………
…….     Order can be expected before 10th April 2015.

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