To calculate expected Industrial Dearness Allowance for PSU from July 2019 we need AICPI average for last three months i.e March 2019, April 2019, May 2019 from Labour Bureau,an attached office of the Ministry of Labour & Employment 1. Date from which IDA applicable: July 2019 Expected Central Govt PSU IDA increase from July 2019 – 2.4% 2. Average AICPI(2001=100) for the quarter March 2019 to May 2019
1. Mar 2019 - 309 2. Apr 2019 - 312 3. May 2019 - 314 Industrial Dearness Allowance %= ((Average of AICP for the past 3 months - 277.33)/277.33)*100 |
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