IDA to increase by 5.3% with effect from 01st January, 2023

IDA to increase by 5.3% with effect from 01st January, 2023

As per the Consumer Price Index numbers released by the Labour Bureau, IDA will increase by 5.3%, w.e.f 01-01-2023.  As of now, employees are getting 195.8% IDA. With the increase of 5.3% IDA, the total IDA will be 201.1% w.e.f 01-01-2023 (there is a possibility for 201.2% also, due to round off). This IDA increase will become payable after necessary order is issued by the DPE.

Source: BSNLEU