To calculate expected Industrial Dearness Allowance for PSU from January 2018 we need AICPI average for last three months i.e September 2017, October 2017, November 2017 from Labour Bureau, an attached office of the Ministry of Labour & Employment 1. Date from which IDA applicable: January 2018 2. Average AICPI(2001=100) for the quarter September 2017 to November 2017 1.Sep 2017 - 285 2.Oct 2017 - 287 3.Nov 2017 - 288 Industrial Dearness Allowance %= ((Average of AICP for the past 3 months - 126.33)/126.33)*100
Expected Central Govt PSU IDA increase from Jan 2018 – 1.2%
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