Showing posts with label IDA Pattern. Show all posts
Showing posts with label IDA Pattern. Show all posts

Wednesday, April 2, 2014

Payment of DA to the CDA pattern employees of 69 CPSEs governed by HPPC recommendations

Payment of DA to the CDA pattern employees of 69 CPSEs governed by HPPC recommendations

F.No.2(54)/08-DPE (WC)–GL-VI/14
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises
Public Enterprises Bhawan,
Block 14, CGO Complex, Lodi Road,
New Delhi-110003, the 31st March, 2014

OFFICE MEMORANDUM

Subject: – Payment of DA to the CDA pattern employees of 69 CPSEs governed by HPPC recommendations.

The undersigned is directed to refer to Para No. 2 and Annexure-III to this Department’s O.M. dated 14.10.2008 wherein the rates of DA payable to the employees who are following CDA pattern pay scales had been indicated.

2. The DA payable to the employees may be enhanced from existing rate 90% to 100% with effect from 01.01.2014.

3. The payment of Dearness Allowance involving fractions of 50 paise and above may be rounded off to the next higher rupee and the fractions of less than 50 paise may be ignored.

4. These rates are applicable in the case of CDA employees whose pay have been revised with effect from 01.01.2006 as per DPE O.M. dated 14.10.2008.

5. All administrative Ministries/Department of Government of India are requested to bring the foregoing to the notice of the Central Public Sector Enterprises under their administrative control for action at their end.

sd/-
(Umesh Dongre)
Director
Source: www.dpe.nic.in
[http://www.dpe.nic.in/sites/upload_files/dpe/files/glch04b149_310320140001.pdf]

Monday, October 14, 2013

DPE Orders on DA - Payment of IDA at revised rates to DPE Employees reg

DPE Orders on DA - Payment of IDA at revised rates to DPE Employees reg
CPSE Orders on DA - Board level posts and below Board level posts including Non-unionised supervisors in Central Public Sector Enterprises (CPSEs) - Revision of scales of pay w.e.f. 01.01.1997 - Payment of IDA at revised rates regarding.

F.No. 2(9)/2000-DPE (WC) - GL-XXIII/13
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated : 4th October, 2013

OFFICE MEMORANDUM

Subject:- Board level posts and below Board level posts including Non-unionised supervisors in Central Public Sector Enterprises (CPSEs) - Revision of scales of pay w.e.f. 01.01.1997 — Payment of IDA at revised rates regarding.

In modification of this Department’s O.M. of even No. dated 04.07.2013, the rate of DA payable to the executives of CPSEs (1997 pay revision) may be as follows:

(f) Date from which payable : 01.10.2013

(g) Average AICPI (1960=100) for the quarter July-Aug’ 2013

June, 2013 5275

July, 2013 5364

August, 2013 5408

Average of the quarter 5349

(h) Link Point 1708 (as on 01.01.1997)

(i) Increase over link point: 3641 (5349-1708)

(j) Revised DA Rate w.e.f. 01.10.2013: 2 13.2% [(3641÷1708) x 100]

2. These rates are applicable in the case of IDA employees, whose pay have been revised with effect from 01.01.1997 as per DPE OM. dated 25.06.1999.

3. All Administrative Ministries/Departments of the Government of India are requested to bring  the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.
sd/-
(M. Subbarayan)
Director
Source: www.dpe.nic.in
[http://www.dpe.nic.in/sites/upload_files/dpe/files/glch04b143_071020130001.pdf]

Monday, November 26, 2012

How to calculate IDA?

How IDA increase is calculated?

We have been reporting the increase in IDA every three months, always before official announcement is made.

We have not been making predictions or assumptions.  Our reporting has always been based on standard calculation used for the purpose.  We feel that the members also should be aware of the calculation. Hence this article.

The IDA rate revision is based on All India Consumer Price Index.  After Second Pay Revision w.e.f. 1.1.2007, the base index has also been revised to 1.1.2007, which is 126.33

For arriving at IDA increase we need to know the All India Consumer Price Index for Industrial Workers [CPI(IW)] for the previous three months.  For IDA revision w.e.f. 1st July of a year, the CPI of March, April and May are required. For IDA revision w.e.f.1st October, CPI of June, July and August are required and so on.

The average CPI of the three months is then taken  for calculation and the following formula is used:

New IDA rate = (Average CPI – Base Index) x 100 / Base Index

Increase in IDA rate = New IDA rate – Old IDA rate


Example:

CPI for

June 2009 – 153

July 2009 – 160

August 2009 – 162

Average: 158.33

Calculation:     158.33 – 126.33 x 100

————————–      =  25.3

126.33

IDA rate w.e.f. 1.7.2009 was 18.5

Therefore Increase in IDA rate w.e.f.1.10.2009 was = 25.3-18.5 = 6.8


CPI for a month is notified on the last day of the next month in Labour Bureau Website at http://labourbureau.nic.in/indnum.htm. This information is also published in ‘The Hindu’ on the first day of every month in Business column.

That’s all. It is so simple. Now, any one can on his own calculate the IDA rate increase w.e.f. 1.4.2010, on 31st March 2010 itself.  Those who don’t want to take that little effort can login to http://www.aibsnloa.org/related/idacalculation.xls and just fill in the CPI for February 2010 and get the magic figure of Increase in IDA rate w.e.f.1.4.2010.

Courtesy: Com.V.V.S.Murthy, Vijayawada.

Source: www.aibsnloa.org
[http://www.aibsnloa.org/related/idacalculation.pdf]

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