To calculate expected Industrial Dearness Allowance for PSU from April 2019 we need AICPI average for last three months i.e December 2018, January 2019, February 2019 from Labour Bureau,an attached office of the Ministry of Labour & Employment. 1. Date from which IDA applicable: April 2019 Expected Central Govt PSU IDA increase from April 2019 – 1.2%2. Average AICPI(2001=100) for the quarter December 2018 to February 2019
1. Dec 2018 - 301 2. Jan 2019 - 307 3. Feb 2019 - 307 Industrial Dearness Allowance %= ((Average of AICP for the past 3 months - 277.33)/277.33)*100 |
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