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To calculate expected Industrial Dearness Allowance(IDA) for PSU from April 2021 we need AICPI average for last three months i.e December 2020, January 2021, February 2021 from Labour Bureau,an attached office of the Govt of India. 1. Date from which IDA applicable: April 2021  Expected Central PSU DA increase from April 2021 – 2% TO 3.5%2. Average AICPI(2001=100) for the quarter December 2020 to February 2021
1. Dec 2020 - 2. Jan 2021 - 3. Feb 2021 - Industrial Dearness Allowance %= ((Average of AICP for the past 3 months - 277.33)/277.33)*100 |