Cola Increase 2024 Calculator India. The inflation rate in india between 1957 and 2023 was 9,751.78%, which translates into a total increase of ₹9,751.78. Understand the formula to determine future values and how inflation is calculated.

India is hiking minimum wages marginally for workers employed in informal sectors including construction, mining and agriculture, from october 1, a government. Cola is an essential financial tool many employers use to ensure that salaries remain in line with.