EXPECTED PSU DA FROM JANUARY 2019

To calculate expected Industrial  Dearness Allowance for PSU from  January 2019 we need AICPI average for last three months i.e September 2018, October 2018, November 2018 from Labour Bureau, an attached office of the Ministry of Labour & Employment

1. Date from which IDA applicable: January 2019

Expected Central Govt PSU IDA increase from Jan 2019 – 1.5%

2. Average AICPI(2001=100) for the quarter September 2017 to  November 2017 
      1.Sep 2018    -   301
      2.Oct 2018     -   302
      3.Nov 2018     -   302

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