Saturday, September 29, 2012

PSU IDA to increase significantly from October 2012

With the release of index No. by labour bureau, the exact calculation of PSU IDA hike has been done. 
According to calculation based on AICPI figures for industrial workers for the months of June, July and August 2012, the IDA rate to increase by 5.8%, that means total IDA will be 67.3% with effect from 1st October 2012.
Of course, we have to wait for the official declaration.


Anonymous said...

5.8% hike in IDA is really significant and it must be.... why not..... as already the govt. has already planned to crash the life plane of COMMON MAN........

Anonymous said...

thx to update sir

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