I.D.A. INCREASE W.E.F. 01.10.2023 WILL BE 10% INCREASE MAKING TOTAL 215.6%.
All India Consumer Price Index for june and july 2023 was 136.40 and 139.70 respectively.
The AICPI for August 2023 is 139.20.
The IDA increase from October 2023 will be 10%. Total IDA payable is 215.6%.
This is the highest percentage increase in IDA.