Cola 2024 Increase Announcement In India. A decision is likely by the. The increase is much lower than the.

Budget 2024 india inflation rate | finance minister nirmala sitharaman is set to unveil budget 2024 amid a focus on india’s inflation, a pivotal concern. Due to inflation, the cola is rising this year, so the 66 million social security beneficiaries will see a higher benefit starting in january of next year.