IDA Increased From October 2013
The IDA w.e.f. 01-October-2013 has been increased by 6.6% i.e upto 85.5% depends upon the Average AICPIN of the months Jun'13, Jul'13 & Aug'13.
The AICPIN of the months Jun'13, Jul'13 & Aug'13 are 231, 235 & 237 declared on 31-July-2013, 30-August-13 & 30-September-13 respectively, The Average AICPIN of the 3 months is 234.33. Thus the actual IDA will be 85.5 w.e.f 01/10/2013 for CPSEs. This is the second highest hike in IDA after 04 years i.e. 01/10/2009 when it was increased by 6.8%.
COPY OF DPE ORDERTop 10 Projections:
Last updated: 30/09/2013 18:30 Hrs.
The IDA w.e.f. 01-October-2013 has been increased by 6.6% i.e upto 85.5% depends upon the Average AICPIN of the months Jun'13, Jul'13 & Aug'13.
The AICPIN of the months Jun'13, Jul'13 & Aug'13 are 231, 235 & 237 declared on 31-July-2013, 30-August-13 & 30-September-13 respectively, The Average AICPIN of the 3 months is 234.33. Thus the actual IDA will be 85.5 w.e.f 01/10/2013 for CPSEs. This is the second highest hike in IDA after 04 years i.e. 01/10/2009 when it was increased by 6.8%.
COPY OF DPE ORDER
Expectation No. | Expected CPI of Aug'13 | Avg. CPI Projected | Projected IDA (%age) | Projected IDA Increase (%age) |
3 | 237 | 234.33 | 85.5 | 6.6 |
