Expected IDA Increase From January 2014 for PSU Employees

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'13 Avg. CPI Projected ProjectedIDA (%) Projected IDA Increase (%) 1 240 239.67 89.7 4.2 2 241 240 90 4.5 3 242 240.33 90.2 4.7 4 243 240.67 90.5 5 5 244 241 90.8 5.3 6 245 241.33 91 5.5 7 246 241.67 91.3 5.8 8 247 242 91.6 6.1 9 248 242.33 91.8 6.3 10 249 242.67 92.1 6.6 Source : www.idapsu.blogspot.in [http://idapsu.blogspot.in/2013/07/expected-ida-from-october-2013.html]