Calculation of expected IDA from January, 2013 for Officers and Employess of BSNL, CPSE is based on All India Consumer Price Index Number [http://labourbureau.nic.in/indtab.html] for Industrial Workers (CPI-IW) on base 2001=100 for the months of Sep-2012, Oct-2012 and Nov-2012. After announcement of CIP-IW for the month of Oct-2012 expectation of IDA from Jan-2013 will be as under:-
|
Month
|
CPI(IW)
|
Average of CPI
|
IDA
|
Increase in IDA
|
CPI-IW Announced
|
Aug-12
|
214
|
211.33
|
67.3
|
|
CPI-IW Announced
|
Sep-12
|
215
|
|
|
|
CPI-IW Announced
|
Oct-12
|
217
|
|
|
|
1st Expectation
|
Nov-12
|
217
|
216.33
|
71.2
|
3.9
|
2nd Expectation
|
Nov-12
|
218
|
216.67
|
71.5
|
4.2
|
3rd Expectation
|
Nov-12
|
219
|
217.00
|
71.8
|
4.5
|
4th Expectation
|
Nov-12
|
220
|
217.33
|
72
|
4.7
|
5th Expectation
|
Nov-12
|
221
|
217.67
|
72.3
|
5
|
As per above table it is cleared that expectation of IDA from Jan-2013, will be based on Nov-12 and its may be 218 or 219, as IDA will be 71.5 or 71.8 with increase of 4.2 or 4.5 respectively.
Note: Above expectation is based on standard calculation of IDA.
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COMMENTS
Thanks for this info.