AICPIN for February 2024 Delayed, Impacting IDA Increase for Employees
AICPIN for February 2024 Delayed, Impacting IDA Increase for Employees
The Consumer Price Index for Industrial Workers (CPI-IW) data for February 2024 has not been released by the Labour Bureau. This delay is causing uncertainty for workers who are expecting an increase in their IDA effective from April 1st, 2024.
The Bharatiya Sanchar Nigam Limited Executives Union (BSNLEU) has expressed their surprise at the delay in a statement.
BSNLEU Statement
It is already 2nd April today. Our comrades would have been waiting for the CHQ to give information regarding the expected IDA increase, to be paid w.e.f 01.04.2024. However, it is most surprising that the Labour Bureau has not released the Price Index numbers for the month of February 2024. As a result, IDA increase w.e.f. 01.04.2024 could not be calculated. CHQ will inform the expected IDA increase, as and when the data is released by the Labour Bureau.
It's important to note that the Labour Bureau typically releases the CPI-IW data on the last working day of the succeeding month. However, the reasons for the delay in releasing the February 2024 data are unclear at this time.
The reasons for the delay in releasing the CPI-IW data for February 2024 are not yet known. It is recommended to keep an eye on the Labour Bureau's website https://labourbureau.gov.in/ for updates on the data release.
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