Friday, December 6, 2013

Expected IDA Increase From January 2014 for PSU Employees


Expected IDA from January 2014 for PSU

Expected IDA Increase From January 2014 for PSU Employees

The Expected IDA w.e.f. 01-January-2014 may increased by 4.5% to 5.8% i.e upto from 90.0% to 91.3% depends upon the Average All India Consumer Price Index Number (Industrial Worker) of the months September-2013, October-2013 & November-2013.


The  AICPI of the months Sep'13, Oct'13 &Nov'13 will be declared on 31-October-2013 & 29-November-13 &31-December-2013 respectively. The  AICPI of the months Sep'13 & Oct'13 are 238 & 241 as it is declared on 31-October-2013 & 29-November-2013 respectively. Even if there is no increase in AICPI , there will be IDA Increase by 4.5%. The actual IDA will be declared on 31-December-2013.

AICPI of Sep'13: 238

AICPI of Oct'13: 241

Top 10 Projections:
S.N.Expected CPI of Nov'13Avg. CPI ProjectedProjectedIDA (%)Projected IDA Increase (%)
1240239.6789.74.2
2241240904.5
3242240.3390.24.7
4243240.6790.55
524424190.85.3
6245241.33915.5
7246241.6791.35.8
824724291.66.1
9248242.3391.86.3
10249242.6792.16.6

Source : www.idapsu.blogspot.in
[http://idapsu.blogspot.in/2013/07/expected-ida-from-october-2013.html]
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