To calculate expected Industrial Dearness Allowance for PSU from July 2018 we need AICPI average for last three months i.e March 2018, April 2018, May 2018 from Labour Bureau, an attached office of the Ministry of Labour & Employment. 1. Date from which IDA applicable: July 2018 2. Average AICPI(2001=100) for the quarter March 2018 to May 2018 1. Mar 2018 - 287 2. Apr 2018 - 288 3. May 2018 - 289 Industrial Dearness Allowance %= ((Average of AICP for the past 3 months - 126.33)/126.33)*100 Expected Central Govt PSU IDA increase from July 2018 – 0.3% |
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