Thursday, April 3, 2014

Expected IDA may decrease From April 2014 for CPSU Employees by 2.1%

Posted by Government Staff on 8:26 PM. ,,,,,, - No comments

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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