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]
- No orders on Freezing of IDA (Industrial Dearness Allowance) and IDR (Industrial Dearness Relief)
- April 2020 IDA Order from DPE – Revised IDA Rates
- 14.8% IDA from October 2019 Order issued for CPSE Employees
- IDA Rate 7.3% from 1.1.2018 to CPSE Employees
Leave a Reply