Expected IDA Increase From January 2014 for PSU Employees

Expected IDA Increase From January 2014 for PSU Employees

 The Expected IDA w.e.f. 01-January-2014 may increased by 4.5% to 5.8% i.e upto from 90.0% to 91.3% depends upon the Average All India Consumer Price Index Number (Industrial Worker) of the months September-2013, October-2013 & November-2013.

The  AICPI of the months Sep'13, Oct'13 &Nov'13 will be declared on 31-October-2013 & 29-November-13 &31-December-2013 respectively. The  AICPI of the months Sep'13 & Oct'13 are 238 & 241 as it is declared on 31-October-2013 & 29-November-2013 respectively. Even if there is no increase in AICPI , there will be IDA Increase by 4.5%. The actual IDA will be declared on 31-December-2013.

AICPI of Sep'13: 238

AICPI of Oct'13: 241

Top 10 Projections:

S.N.	Expected CPI of Nov'13	Avg. CPI Projected	ProjectedIDA (%)	Projected IDA Increase (%)
1	240	239.67	89.7	4.2
2	241	240	90	4.5
3	242	240.33	90.2	4.7
4	243	240.67	90.5	5
5	244	241	90.8	5.3
6	245	241.33	91	5.5
7	246	241.67	91.3	5.8
8	247	242	91.6	6.1
9	248	242.33	91.8	6.3
10	249	242.67	92.1	6.6

Source : www.idapsu.blogspot.in
[http://idapsu.blogspot.in/2013/07/expected-ida-from-october-2013.html]

50% DA Benefit of Merger effectively amounting to 78.2% as on 01.01.2007 to BSNL Employees - DoT issued Orders

50% DA Benefit of Merger effectively amounting to 78.2% as on 01.01.2007 to BSNL Employees - DoT issued Orders

One of the major union, BSNL Employees Union has published with cheer the settlement news about the long pending demand of 'Merger of 50% DA'.

78.2% IDA merger settled.
DoT issued Presidential Directive.
Hearty congratulations to one and all.

The order on 78.2% IDA merger has finally been issued today the 10-06-2013, by the DoT. BSNL will issue the order tomorrow. It is a matter of great joy and relief that one of the most burning problem of the BSNL employees has finally been settled. Undoubtedly, the call for indefinite strike and the total determination of the entire employees to fight out the demand has settled the issue. The credit goes to the unity of the employees. CHQ congratulates the entire employees as well as the all the unions and associations for this great achievement. Forum of BSNL Unions and Associations has once again done a commendable job by uniting all, which made the settlement possible.  CHQ also heartily thanks the Secretary, DoT, CMD BSNL, Director (Finance) and Director (HR) for trying their best to bring in a settlement and also for avoiding the indefinite strike. It is also a matter of great joy that the retired comrades will get their pension refixed based on 78.2% IDA.

No 61-01/2012-SU
Government of India
Ministry of Communications and Information Technology
Department of Telecommunications

Sanchar Bhavan, 20 Ashoka Road
New Delhi 110001

Dated, the 10th June, 2013

In exercise of the powers conferred by the Article 145 of Articles of Association of the Bharat Sanchar Nigam Limited (BSNL), the President is pleased to approve the proposal of BSNL regarding the fitment formula as per Department of Public Enterprises OM No.2(70)/08- DPE(WC)-GL-VII/09 dated 02.04.2009, Accordingly, in partial modification of this Department's Order No. 61-01/2009-SU dated 27.02.2009, the benefit of merger of 50% DA effectively amounting to 78.2% as on 01.01.2007 for the purpose of fitment in respect of the Board level & below Board Level executives and Non-Unionized Supervisors and Non- executives of BSNL is hereby allowed from the date of issue of this order.

2. No arrears will be paid and the revised fitment on the basis of DPE OM dated 02.04.2009 will be paid with prospective effect only.

3. BSNL has to bear the additional financial implication on account of revised fitment benefit for pay revision from its own resources and no budgetary support will be provided.

4. All instructions/guidelines issued by DPE from time to time in this regard may be scrupulously followed.

5. This has the concurrence of Internal Finance Division (TPF), Department of Telecommunications vide Dy. No. 05/171/PSF/13 dated 10.06.2013.

sd/-
 (Sanjeev Gupta)
Director (PSU-1)

 Source: www.bsnleuchq.com
[http://www.bsnleuchq.com/78_order.pdf]

Payment of IDA at revised rates to CPSE employees regarding

Revision of IDA rate w.e.f. 1.1.2013: BSNL has endorsed DPE orders for IDA increase by 4.2% from 67.3% to 71.5% w.e.f.1.1.2013

F.No.2(70)/2008-DPE(WC)-GL-II/2013
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: 08 January, 2013

OFFICE MEMORANDUM

Subject:- Board level and below Board level puts including non-unionised supervisors in Central Public Sector Enterprises (CPSEs)- Revision of scales of pay w.e.f. 01.01.2007 - Payment of IDA at revised rates-regarding.

In modification of this Department’s O.M. of even No. dated 05.10.2012, the rate of DA payable to the executives and non-jnionized supervisors of CPSEs (2007 pay revision) may be as follows:


Effective Date
   
Average of AICPI
216.66
   
Revised DA rates (%)
71.5%

  

2. The above rates of DA would be applicable in the case of IDA employees who have been allowed revised pay scales (2007) as per DPE O.Ms. dated 26.11.2008, 09.02.2009 & 02.04.2009.

3. All administrative Ministries/Departments of the Government of India are requested to being the foregoing to the notice of thc CPSEs under their administrative control for action at their end.

sd/-
(Umesh Dongre)
Director

Source: www.dpe.nic.in
[http://dpe.nic.in/sites/upload_files/dpe/files/Boardlevel_080120130001.pdf]