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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 at 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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