Expected IDA may decrease From April 2014 for CPSU Employees by 2.1%
The Expected IDA w.e.f. 01-April-2014 may decrease 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%.
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.No. | 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 |
Source: http://idapsu.blogspot.in
[http://idapsu.blogspot.in/2014/01/expected-ida-increase-from-april-2014.html]
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