Saturday, July 6, 2013

IDA From October 2013 for PSUs

IDA Increased From October 2013

       Last updated: 30/09/2013 18:30 Hrs.

IDA FROM OCTOBER 2013 HAS BEEN INCREASED BY 6.6 %

            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
Top 10 Projections:

Expectation
No.
Expected CPI
of Aug'13
Avg. CPI
Projected
Projected IDA
(%age)
Projected IDA
Increase (%age)
1
235
233.67
85.0
6.1
2
236
234.00
85.2
6.3
3
237
234.33
85.5
6.6
4
238
234.67
85.8
6.9
5
239
235.00
86.0
7.1
6
240
235.33
86.3
7.4
7
241
235.67
86.6
7.7
8
242
236.00
86.8
7.9
9
243
236.33
87.1
8.2
10
244
236.67
87.3
8.4

Friday, May 31, 2013

IDA from July 2013

The Industrial Dearness Allowance (IDA) FOR PSU Employees is increased by 4.0% w.e.f. 01 July 2013 And the total IDA  w.e.f. 01 July 2013 will be 78.9%.

Note:The AICPI of Mar'13, Apr'13 & May'13 are 224, 226 & 228 respectively. The average CPI is 226.
Copy of order
Top 10 Projections:-

CPI of MAY'13           Projected IDA(%)            Increased by(%)

226                           78.4                           3.5
227                          78.6                           3.7
228                          78.9                           4.0
229                          79.2                           4.3
230                           79.4                           4.5
231                           79.7                           4.8
232                           80.0                           5.1
233                           80.2                           5.3
234                           80.5                           5.6
235                           80.7                           5.8


EARLIER IDA RATES OF CPSUS
S.N.W.E.F.TOIDA RATE%INCREASE
101/01/201231/03/201256.74.7
201/04/201230/06/201256.70
301/07/201230/09/201261.54.8
401/10/201231/12/201267.35.8
501/01/201331/03/201371.54.2
601/04/201330/06/201374.93.4
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Friday, March 29, 2013

IDA FOR PSU w.e.f. 01 April 2013

The AICPI-IW for Dec'12, Jan'13, & Feb'13 are 219, 221 & 223 respectively. The Average AICPI is 221. The IDA Increased for PSU Employees is 3.4% w.e.f. 01 April 2013 And total IDA  w.e.f. 01 April 2013 is 74.9 %.


EARLIER IDA RATES OF CPSUS
S.N. W.E.F. TO IDA RATE %INCREASE
1 01/01/2012 31/03/2012 56.7 4.7
2 01/04/2012 30/06/2012 56.7 0
3 01/07/2012 30/09/2012 61.5 4.8
4 01/10/2012 31/12/2012 67.3 5.8
5 01/01/2013 31/03/2013 71.5 4.2
6 01/04/2013 30/06/2013 74.9 3.4



IDA FROM OCTOBER 2013 MAY INCREASED BY 6.1 TO 7.1%

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 TOP 10 IDA HIKE SINCE 01/01/2007


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