IDA INCREASE FROM 1-10-2024

IDA INCREASED 6.4% FROM 1-10-2024 - TOTAL 224.2%

Monday, 2 August 2021

 IDA ORDERS RELEASED

DPE ISSUES ORDERS FOR PAYMENT OF IDA AT REVISED RATES W.E.F. 01.07.2021: DPE has issued orders revising the rate of IDA to the executives and non-unionised supervisors of CPSEs (2007 pay revision) from 159.9% to 170.5% w.e.f. 01.07.2021. The increase subsumes the additional installments arising on 01.10.2020, 01.01.2021 and 01.04.2021. The rate of DA for the period from 01.10.2020 till 30.06.2021 shall remain at 159.9%.  View the DPE letter


The calculation given in Page 2 shows that 170.5% is IDA applicable from April to June, 2021. IDA due from July 2021 is not included.

- Ramankutty


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