DPE issues order for reduced IDA w.e.f. 01.01.2024

Based on the Consumer Price Index Numbers released by the Labour Bureau on 29-12-2023, BSNLEU had predicted that, the quantum of IDA being received by the employees would decrease by 0.2% w.e.f. 01^st January, 2024. This prediction has proved to be correct. The DPE has issued order yesterday, according to which the IDA that the employees have been receiving has got reduced from 215.6% to 215.4%. Net reduction in the IDA is 0.2%.