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Tuesday 26 December 2017

BSNL IDA Rates For January 2018

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BSNL IDA Rates of employees valid from new calendar year 01.01.2018 is going to record a further increase. It is the third increase in this financial year 2017 - 2018 for all executive and non-executive BSNL employees.


The first increase in this year is only a little one at 1.9% from July 2017 and the second is an astonishing one. But this new BSNL IDA increase from January 2018 will make all employees do have some benefits to some extent in the new year 2018.

As we said earlier, but remains again this. The Industrial Dearness Allowance (IDA) Rates calculates on All India Consumer Price Index (IW) with the below said points.

Based on the weighted average of prices for consumer goods and services.

Calculates with a mean for specified months of September, October, and November 2017 for IDA from January 2018.
It is, as per the price index numbers issued by the Department of Labour Bureau of India, after taking price changes for each item in the predetermined basket of goods.

Now, as per All India Consumer Price Index Numbers for Industrial Workers – CPI(IW) issued by Department of Labour Bureau. CPI records no increase in the figures for the first month.

On September 17, CPI stands stable at 285 only, but for October it gains by 2 points and records a growth in Index numbers. If the CPI record an increase in AICPI (All India Consumer Price Index) for November also, there will be some more raise in BSNL IDA rates.

IDA From January 2018


Based on this average of Consumer Price Index Numbers for Industrial Workers CPI(IW). BSNL IDA rates of employees and pensioners are going to record an increase up to 2.3% from January 2018 by assuming CPI at 287 for November 2017.


Even if the drop happens at 3 points for November CPI numbers, the BSNL IDA rates will increase up to 1.5% from previous. But if the CPI index for November 2017 increases by 3 points, then IDA rates of BSNL may record a new increase of above 3%.
If the new increment is above 2%, then the total BSNL IDA from January 2018 to be paid for employees is above 126%. If you want to know the total list of BSNL IDA rates up to January 2018 for employees, have a look at this

Expecting IDA Rates of BSNL from 01.01.2018
Department of Public Enterprises will issue the orders for the increase in dearness allowance from 01.01.2018 after confirming the CPI index of November on 29.12.2017. After that PSU will issue the orders for New BSNL IDA rates.

This time, it is going to record third-time increase in BSNL IDA rates in this Financial Year 2017 2018, that too as a gift for New Year 2018.

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