Cola Increase 2024 Projections In India. The reserve bank of india’s monetary policy committee (mpc) unanimously decided to keep key interest rates unchanged and retained its inflation projection for this. According to wtw’s salary budget planning report, indian companies anticipate granting their employees a salary increase of approximately 9.8 per cent in.
The planned increase of 5.0% is 0.3 percentage points below the 5.3% actual of 2023, but it is in line with the 5.0% average actual increase granted in 2022. The united nations has revised upwards india’s growth projections for 2024, with the country’s economy now forecast to expand by close to seven per cent this.
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