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Friday, 3 January 2014

IDA From April 2014 for PSU Employees

IDA decreased From April 2014 for CPSU Employees by 2.1%
Last updated: 31/03/2014
  
The IDA w.e.f. 01-April-2014  increase  depends upon the decreased Average All India Consumer Price Index Number (Industrial Worker) of the months December-2013, January-2014 & February-2014.
The  AICPINs of the month December-2013, January-2014 & February-2014 have been declared at the end of the month January-2014, February-2014 & March-2014 respectively. The AICPINs of Dec'13, Jan'14 & Feb'14 are 239, 237 & 238 respectively, due to decreasing trend of AICPINs the avg. AICPIN has been decreased by 2.67 points w.r.t. avg AICPIN of previous quarter, consequently the  IDA wef 01-Apr-14 is decreased by 2.1%. Therefore the final IDA will be 88.4%.It is first time when decrease in IDA is observed since 01/01/2007.
The AICPIN for Dec'13 - 239
The AICPIN for Jan'14 - 237
The AICPIN for Feb'14 - 238
The Average AICPIN - 238   

Top 10 Projections:

S.N.
Expected CPI
of Feb’14
Avg. CPI
Projected
Projected
IDA(%)
Projected
IDA Increase(%)
1
235
237.00
87.6
-2.9
2
236
237.33
87.9
-2.6
3
237
237.67
88.1
-2.4
4
238
238.00
88.4
-2.1
5
239
238.33
88.7
-1.8
6
240
238.67
88.9
-1.6
7
241
239.00
89.2
-1.3
8
242
239.33
89.5
-1.0
9
243
239.67
89.7
-0.8
10
244
240.00
90.0
-0.5

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31 comments:

  1. According to my expectations

    Jan - 246 [So that CDA is 101%]
    Feb - 248
    Mar - 250

    Thereby, a 5.8% hike. The maximum hike according to this is limited to 4.2%. Pl. make it an expanded list by incorporating
    Top 20 - initially
    Top 15 - after One Month,
    Top 10 - after Two Months.

    This should be helpful.

    ReplyDelete
    Replies
    1. Dear Maulik
      Thanx for your input, the top 10 projections have been extended to top 20 projections.

      Delete
    2. According to my expectations

      JAN-245
      FEB-247
      MARCH-249

      Therefore IDA increased 5%.
      Total IDA is 95.5%.

      Delete
    3. somebody please include the formula from which you are calculating these numbers.thanks in advance

      Delete
    4. CPI for April will be revised on the basis of Dec’13, Jan’14 & Feb’14:-

      Assume the figures as follows:
      Dec’13 - 246
      Jan’14 - 248
      Feb’14 -250

      Then DA will be {{((246+248+250)/3) - 126.33]/126.33}*100
      = {[(744/3) - 126.33]/126.33}*100
      = {[248 - 126.33]/126.33}*100
      = {[121.67]/126.33}*100
      = {0.9631}*100
      = 96.3 (Round-off)

      New DA - expected – 96.3 from April’14

      The Current DA is 90.5, therefore increase of 5.8%

      Delete
    5. u should update ur record..

      Delete
  2. around 4% can increase

    ReplyDelete
  3. Dec 2013 AICPIN is 239..... So there will be probably no DA hike in April 2014

    ReplyDelete
  4. yes CPI may correct to lower value for the coming months, therefore don't see
    any increase in IDA for April-14.

    ReplyDelete
  5. will they decrease the DA from April-14 based on the last month index points if avg decrease according to the formulae mention in the above comment?

    ReplyDelete
  6. IDA decreased ho sakta he????????/

    ReplyDelete
    Replies
    1. yes,you asshole

      Delete
    2. its too early to say???....

      Delete
  7. Pl. update the December'13 figures and Reduced the possibility to Top 15.

    Given the sharp decrease, the Top 15 may range from 240 to 245.

    ReplyDelete
    Replies
    1. I think IDA from april avg AICPI no is 241

      Delete
  8. વીનોદ પોપટ12 February 2014 07:58

    કદાચ વધારો આવિ શકે !

    ReplyDelete
  9. Thank you admin for ur valuable effort

    ReplyDelete
  10. will they decrease da,please clarify me bayyaaaaaaaaaaa

    ReplyDelete
    Replies
    1. Yes, this happen many times before 2006. It may decrease if avg cpi goes down

      Delete
  11. Is there any chance to decrease the da?

    ....DMD Rasool

    ReplyDelete
    Replies
    1. what?is our da becomiung 100%.very good news.so when they are going to merge da with basic.

      Delete
    2. It's 100% chance not ida...

      Delete
    3. klaritee dedo bhayya.da ko kam math karvaavo,pleae plesease plesase

      Delete
  12. if it is 246 hota to no ida ....this time

    ReplyDelete
  13. D.A. MAY BE decrease .8% TO 1.6%

    ReplyDelete
  14. Im working in chennai metro railway. Ida wil applicable for me or da wil applicable for me?

    ReplyDelete
    Replies
    1. What is your current rate??
      IDA: 88.4%
      or CDA: 100%

      Delete
  15. somebody please know me increment of private industries announce by central government from 1 april 2014

    ReplyDelete






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