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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