Understanding the Impact of Industrial DA Hike on 1997 Pay Scales: What Does It Mean for You?

Dear friends, As you know, the Industrial DA with effect from 01.04.2013 is 74.9% and 195.2% for the scales effective from 01.01.2007 and 01.01.1997 respectively. With the All India Consumer Price Index for the months of March and April 2013, the projected IDA rates are now 78.3% and 201.1% respectively starting from 01.07.2013 onwards.

Note: The AICPI for May 2013 will be published on 30.6.2013, and the final figures may vary accordingly.

Regards, Abbas.P.S, ITI Ltd, PALAKKAD - 678 623

Dear friends,

As you know, the Industrial DA with effect from 01.04.2013 is 74.9% and 195.2% for the scales effective from 01.01.2007 and 01.01.1997, respectively. Based on the All India Consumer Price Index for the months of March and April 2013, the projected IDA rates will be 78.3% and 201.1% starting from 01.07.2013.

Please note that the AICPI for May 2013 will be published on 28.06.2013, and the final figures may vary accordingly.

Regards,
Abbas.P.S, ITI Ltd, PALAKKAD - 678 623