Monday, June 3, 2013

BSNL: Expected IDA from July 2013, CPSE will be upto 79% with increase of 4%

BSNL: Expected IDA from July 2013, CPSE will be upto 79% with increase of 4%


Calculation of expected IDA from July, 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 Mar-2013, Apr-2013 and May-2013.  After announcement of CIP-IW for the month of Apr-2013 expectation of IDA from Jul-2013 will be as under:-

MonthCPI(IW)Average of CPIIDAIncrease in IDA
Announced CPI(IW)Feb-13223221.0074.9click here to view
Announced CPI(IW)Mar-13224
Announced CPI(IW)Apr-13226
1st ExpectationMay-13226225.3378.43.5
2nd ExpectationMay-13227225.67 78.63.7
3rd ExpectationMay-13228226.00 78.94.0
4th ExpectationMay-13229226.3379.24.3
5th ExpectationMay-13230226.6779.44.5

As per above table it is cleared that expectation of IDA from Jul-2013, will be based on May-13 AICIPN and as per trend AICIPN for May, 2013 will increase 1 or 2 point i.e. 227 or 228.  Thus we may expect IDA from July 2013 will be 78.6 or 78.9 with increase of 3.7 or 4.0 respectively.

Note: Above expectations are based on standard calculation of IDA.

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