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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 … Read more

No orders on Freezing of IDA (Industrial Dearness Allowance) and IDR (Industrial Dearness Relief)

Freezing of IDA and IDR: DoT clarifies that no orders on freezing of IDA (Industrial Dearness Allowance) and IDR (Industrial Dearness Relief) The Department of Public Enterprises (DPE) already approved the Dearness Relief on 3rd April 2020 to BSNL pensioners at the rate of 160.7% with effect from 1.4.2020. Now, the DPE issued orders on … Read more