Increase of 5.3% in Dearness Allowance for CPSU employees from October 2017

Industrial Dearness allowance (IDA) Calculator for Public Sector Undertakings Employees from October 2017. With the AICPIN data of August 2017 IDA for employees working in CPSEs for October 2017 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)

Formula for calculating Dearness Allowance for Central public sector employees after 1.1.2007(6th CPC) is :
Dearness Allowance %= {(Average of AICPI(Base year 2001=100) for the past 3 months - 126.33)/126.33}*100

Increase of 5.3% in IDA for CPSU employees from October 2017

Month AICPIN
May 2015 258
June 2015 261
July 2015 263
August 2015

264  (Click Here to View Labour Bureau Order)

September 2015 266 (Click Here to View Labour Bureau Order)
October 2015 269 (Click Here to View Labour Bureau Order)
November 2015 270 (Click Here to View Labour Bureau Order)
December 2015 269 (Click Here to View Labour Bureau Order)
January 2016 269(Click Here to View Labour Bureau Order)
February 2016 267(Click Here to View Labour Bureau Order)
March 2016 268(Click Here to View Labour Bureau Order)
April 2016 271(Click Here to View Labour Bureau Order)
May 2016 275(Click Here to View Labour Bureau Order)
June 2016 277(Click Here to View Labour Bureau Order)
July 2016 280 (Click Here to View Labour Bureau Order)
August 2016 278
September 2016 277
October 2016 278
November 2016 277
December 2016 275
January 2017 274
February 2017 274
March 2017 275
April 2017 277
May 2017 278
June 2017 280
July 2017 285
August 2017 285

In order to calculate expected Industrial  Dearness Allowance for PSU from  October 2017 we need AICPIN average for last three months i.e June 2017, July 2017, August 2017.

Average AICPIN for last 3 months 283.33

Industrial Dearness Allowance %= {(Average of AICPI(Base year 2001=100) for the past 3 months - 126.33)/126.33}*100

 124.3% IDA from October 2017

Current DA 119

Increase of 5.3% in IDA from October 2017

 

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