Cola Increase 2024 Projections India

Cola Increase 2024 Projections India. Employers are shelling out bigger pay boosts to employees in 2023 than they have in years, new data indicates—but projections are slightly below what employers had budgeted a. Inflation under control, private investment.

In the run up to the february 2024 meeting, headline cpi inflation had picked up to 5.7 per cent in december 2023, led primarily by an increase in vegetable price. India is hiking minimum wages marginally for workers employed in informal sectors including construction, mining and agriculture, from october 1, a government.