Industrial DA W.e.f 01.10.2012 [Thread 422998]

Dear friends,
As you know the Industrial DA from 01.07.2012 onwards is 61.5% (2007 scales) and 172.6% (1997 scales) respectively.
After release of AICPI of June 2012, the projected figure from 01.10.2012 onwards is 64.6% (2007 scales) and 178% (1997 scales) respectively.
Note : AICPI for the months July and August 2012 have to come and final figure may be changed accordingly.
Abbas.P.S,
ITI Ltd,
PALAKKAD - 678 623.
Ph. +91 9447 467 667

Based on the average, Industrial Dearness Allowance IDA of PSU Employees is to be increased by 5.8% from 1st October 2012 i.e. from 61.5% to 67.3% .

Dear friends,
The Industrial DA is increased from 61.5% to 67.3% for 01.01.2007 scales and 172.6% to 182.5% for 01.01.1997 scales.
Abbas.P.S

Calculation of industrial d.a.
Base year 2001-02
index value = 126.33
average index value for june 2012, july 2012 & aug 2012
= (208+212+214)/3 = 211.33
da for oct-dec,2012 = (211.33-126.33)*100/126.33 = 67.28 say 67.3