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Expected IDA Increase From January 2014 for PSU Employees

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]

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