Projected Cola For Fiscal Year 2024-25. Reserve bank of india governor shaktikanta das has stated at the world economic forum (wef) annual meeting in davos that india's economy is projected to. 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.

Government aims to reach a deficit below. Inflation has been persistent for the past several years.