Likely decrease in I.D.A. W.E.F. 01.01.2016 if….

2 Dec

The All India Consumer Price Index Numbers for Industrial Workers for the month of October 2016 increased by one point and stood at 278. Unless the CPI(IW) for November 2016 increases by TWO more points, there will be a decrease in IDA payable from 1.1.2017.

All-India Average Consumer Price Index Numbers for Industrial Workers
(Base 2001=100)

Item Jan
2016
Feb
2016
Mar 2016 Apr 2016 May 2016 June 2016 Jul 2016 Aug 2016 Sep 2016 Oct 2016 Nov 2016 Dec 2016 Average
General Index 269 267 268 271 275 277 280 278 277 278