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EXPECTED PSU DA FROM JULY 2020

31/3/2020

Comments

 
​To calculate expected Industrial  Dearness Allowance for PSU from  July 2020 we need AICPI average for last three months i.e March 2020, April 2020, May 2020 from Labour Bureau,an attached office of the Ministry of Labour & Employment

1. Date from which IDA applicable: July 2020
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Expected Central PSU IDA increase from July 2020 –  -0.4 %

2. Average AICPI(2001=100) for the quarter March 2020 to  May 2020
     1. Mar 2020       -     326
     2. Apr 2020        -     329  
     3. May 2020       -     330  

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