EXPECTED PSU DA FROM OCTOBER 2018

To calculate expected Industrial  Dearness Allowance for PSU from  October 2018 we need AICPI average for last three months i.e June 2018, July 2018, Aug 2018 from Labour Bureau, an attached office of the Ministry of Labour & Employment
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1. Date from which IDA applicable: October 2018

Expected Central PSU IDA increase from October 2018 –  3.5%

2. Average AICPI(2001=100) for the quarter June 2018 to  Aug 2018 
      1. June 2018    -   291
      2. July 2018     -   301
      3. Aug 2018     -   301

 Industrial Dearness Allowance %= ((Average of AICP for the past 3 months - 277.33)/277.33)*100