28 Feb 2017

AI CPI for Jan 2017

All India consumer Price Index for January 2017 is 274 points. The same for December 2016 was 275 points. If the same trend is continued for February 2017, this will result in reduced IDA to be effective from April 2017. 
The IDA from 01-01-2017 has already been reduced by 0.8% based on average for the quarter from Sept 2016 to November 2016.