Tuesday, December 4, 2012

Expected PSU IDA from January 2013

Click Here for PSU IDA Order from Jan,1,2013
Update as on 31.12.12 : With the release of inflation data by labour bureau for the month on Nov'12 (218), the expected IDA is marginally increased and it stands to 4.2% from 1st January 2013. Please wait for the official order
As we are constantly receiving requests for prediction of PSU IDA, the following is uploaded for information to all concerned. It may kindly be noted that it is only an assumption.
IDA : if present trend continues it may be 3.9%. We have to wait for Nov 12 index.
Industrial Dearness Allowance(IDA) rates are based on All India Consumer Price Index (IW) average for the specified months, All India  Consumer Price Index ( Industrial Workers(IW)) for the month of October 2012 has increased and  stood at 217 i.e. an increase of 2 points.Based on the average of Consumer Price Index [Industrial Workers(IW)] Industrial Dearness Allowance(IDA) of PSU Employees is to be increased by 3.9% or more from 1st January 2013.

4 comments:

Anonymous said...

good job sir,go ahead....

Anonymous said...

Great Job...... I like it.... thumbs up....continue dear......

Vasu said...

What is the latest on grant of 100% neutralization of DA following judgement of Madras High Court in favour of pre 2002 retirees. Vasudevan

Sam said...

Really Great Job, thanks for info.

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