Industrial DA Rates Dropping for Central PSUs: How Will This Affect You?

abbasiti
Dear friends, as you know, the Industrial DA effective from 01.01.2014 for 2007 and 1997 scales are 90.5% and 221.7% respectively. With the release of the All India Consumer Price Index for the months of December 2013 and January 2014, the projected Industrial DA effective from 01.04.2014 will be 88.1% (a decrease of 2.4%) and 217.6% (a decrease of 4.1%) respectively.

Note: AICPI for February 2014 has yet to come. The final figure may vary accordingly.

Regards, Abbas.P.S
abbasiti
Dear friends,

As you know, the Industrial DA with effect from 01.01.2014 is 90.5% and 221.7% for the 2007 and 1997 scales, respectively. In compliance with the All India Consumer Price Index for the months of December 2013, January, and February 2014, the Industrial DA from 01.04.2014 onwards will be 88.4% (a 2.1% decrease) and 218.1% (a 3.6% decrease) for the 2007 and 1997 scales, respectively.

Regards,
Abbas.P.S, ITI Ltd, PALAKKAD.
abbasiti
Dear friends, as you know, the Industrial DA effective from 01.04.2014 for the 2007 and 1997 scales is 88.4% and 218.1%, respectively. With the release of the All India Consumer Price Index for the months of March 2014 and April 2014, the projected Industrial DA effective from 01.04.2014 will be 90.7% (an increase of 2.3%) and 221.1% (an increase of 4%), respectively.

Note: AICPI for May 2014 has yet to come. The final figure may vary accordingly.

Regards, Abbas.P.S
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute