Estimated IDA CPSU Employees July 2018

Industrial Dearness allowance (IDA) Calculator for Public Sector Undertakings Employees from July 2018. With the AICPIN data of June 2018 IDA for employees working in CPSEs for July 2018 can be calculated.

7th CPC kept the same formula as it was in 6thCPC for calculating DA for CG Employees.3rd PRC for CPSU employees  also kept the same formula for calculating Industrial Dearness allowance (IDA). As almost all CPSUs have implemented recommendation of 3rd PRC

Formula for calculating Dearness Allowance for Central public sector( which have implemented 3rd prc recommendations) employees after 1.1.2017(7th CPC) is :
Industrial Dearness Allowance %= {(Average of AICPI(Base year 2001=100) for the past 3 months - 277.33)/277.33}*100

Formula for calculating Dearness Allowance for Central public sector employees which have not implemeted 3rd PRC recommendations :
Dearness Allowance %= {(Average of AICPI(Base year 2001=100) for the past 3 months - 126.33)/126.33}*100

 

MONTH AICPIN
January 2017 274
February 2017 274
March 2017 275
April 2017 277
May 2017 278
June 2017 280
July 2017 285
August 2017 285
September 2017 285
October 2017 287
November 2017 288
December 2017 286
January 2018 288
February 2018 287
March 2018 287
April 2018 288
May 2018 288(Expected)

In order to calculate expected Industrial  Dearness Allowance for PSU from  July 2018 we need AICPIN average for last three months i.e March 2018, April 2018, May 2018.

Average AICPIN for last 3 months 287.66

Formula for calculating Dearness Allowance for Central public sector( which have implemented 3rd prc recommendations) employees after 1.1.2017(7th CPC) is :Industrial Dearness Allowance %= {(Average of AICPI(Base year 2001=100) for the past 3 months - 277.33)/277.33}*100

3.7% IDA from July 2018

Increase of 0.4% in IDA from July 2018

 

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