EXPECTED PSU DA FROM OCTOBER 2020

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

1. Date from which IDA applicable: October 2020

Expected Central PSU IDA increase from October 2020 –  2.5%

3. Average AICPI(2001=100) for the quarter June 2020 to  Aug 2020
      1. June 2020      -     332
      2. July 2020       -      336
      3. Aug 2020        -     338

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