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Decrease in IDA from July 2020 by 0.8%

A decrease in Industrial Dearness Allowance (IDA) from July 2020

After releasing the AICPIN (Consumer Price Index for Industrial Workers) for the month of May 2020 increased by 1 point and stood at 330. However, because of a decrease in 3 months average, the IDA payable from 1st July 2020 by 0.8% from 160.7% to 159.9%.

IDA Calculation for July 2020

Month / Year March 2020 April 2020 May 2020
CPI 326 329 330
Average 328.33
Minus 126.33 202
IDA % (Expected) 159.9

IDA Rate Chart 2019 -20

1.10.2019 31.12.2019 152
1.1.2020 31.3.2020 157.3
1.4.2020 31.7.2020 160.7
1.7.2020 31.9.2020 159.9

Expected IDA January 2020 Calculator

Industrial Dearness Allowance (IDA) Calculation for the employees of Central Public Sector Enterprises (CPSEs). The IDA provided in two different percentages to the employees whose pay scale revision with effect from 1.1.2007 and 1.1.2017. [Click to know more]

Expected IDA October 2020 Calculator

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