To calculate expected Industrial Dearness Allowance(IDA) for PSU from April 2020 we need AICPI average for last three months i.e December 2019, January 2020, February 2020 from Labour Bureau,an attached office of the Govt of India. 1. Date from which IDA applicable:April 2020 Expected Central PSU IDA increase from April 2020– 1.6 %2. Average AICPI(2001=100) for the quarter December 2019 to February 2020
1. Dec 2019 - 330 2. Jan 2020 - 330 3. Feb 2020 - 328 Industrial Dearness Allowance %= ((Average of AICP for the past 3 months - 277.33)/277.33)*100 |
PSU Pay News
All
|