Thursday, June 28, 2012

IDA likely to shoot up nearly 5% from July 2012

As you know the Industrial DA from 01.04.2012 onwards are 56.7% (01.01.2007 scales) and 164.6% (01.01.1997 scales) respectively.With the AICPI for the months of March and April 2012, the projected figures are 61.2% (01.01.2007 scales) and 172.2% (01.01.1997 scales).Note : AICPI of one more month viz. May 2012 has to come. 
(Kindly note that it is only a calculation based on current trend. The above figures may vary accordingly.)
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