Here are the new IDA rates from 1st April 2023 for PSU employees of 3rd PRC, Check the Industrial Dearness Allowance increased rates in % wise for each quarter after Pay Revision, also check the IDA calculation new formula applicable for 3rd PRC IDA…
The Central Public Sector employees (CPSE) have got a new PRC which is the 3rd PRC from 01.01.2017 for revision of pay scales of all the cadre employees in each organization.
As per the order issued by the approval of the Department of Public Enterprises (DPE), and as per the new PayScale revision, the PSU Industrial Dearness Allowance (IDA) becomes ZERO and is acknowledged at certain months beginning of January, April, July, and October.
The 3rd PRC change is effective for all the Industrial workers who are under the Industry brands as mentioned below as well which can be found over the PRC Wage Relief, One of the major aspects or elements that helps in increase or decrease in the Monthly Net Income on employee Pay Scale of 3rd PRC based on an average value of AICPIN numbers for each quarter released by labor bureau.
PSU IDA Rates for 3rd PRC Employees
|IDA from||To||% of IDA||% of Increase|
|April 2023||July 2023||37.7 (Expecting)||0.5 (Expecting)|
|January 2023||March 2023||37.2||2.4|
The above are the confirmed Industrial IDA rates for PSU employee pay scales, and these are applicable for all officers and non-executive industrial workers working in Government Public Sector Undertaking company, and the new rates on basic pay of 3rd PRC will be paid after the release of AICPIN numbers of that quarter by Labour Bureau.
IDA Calculation Formula for 3rd PRC employees of PSU
- Average AICPIN (2001-100) for the Quarter (Mar2021 – 344, April 2021 – 346 & May 2021 – 347, Calculate the Average of this quarter)
- Link Point = 277.33 ( As on 01.01.2017)
- An increase over link point = XX( Average of quarterly AICPIN minus Link Point
- IDA Rate from 1st April 2021 = XX% [(Point3-Point2)*100]
At present, the following Central Government Public Sector Undertaking (PSU) companies, are successfully implemented 3rd PRC for their employees, and the Industrial Dearness Allowance (IDA) Rates indicated and mentioned for each quarter clearly as below. For index numbers released by Govt – Please visit labour bureau webpage.
3rd PRC PSU Companies
- ONGC (Oil & Natural Gas Corporation)
- IOCL (Indian Oil Corporation Limited)
- HPCL (Hindustan Petroleum Corporation Limited)
- BPCL (Bharat Petroleum Corporation Limited)
- Oil India
- CCIL (Container Corporation of India Limited)
- NTPC (National Thermal Power Corporation)
- Coal India Limited
- BHEL (Bharat Heavy Electrical Limited)
- HAL (Hindustan Aeronautics Limited)
- GAIL (Gas Authority of India Limited)
- AAI (Airport Authority of India)
- NHPC (National Hydroelectric Power Corporation)
- PGCIL (Power Grid Corporation of India Limited)
- POSOCO (Power System Operation Corporation)
- NLC (Neyveli Lignite Corporation)
- NALCO (National Aluminum Company Limited)
- EIL (Engineers India Limited)
- TCIL (Telecommunications Consultants India Limited)
- ECIL (Electronics Corporation of India Limited)
- CWC (Central Warehousing Corporation)
- FCI (Food Corporation of India)
- SPMCIL (Security Printing & Minting Corporation of India Limited)
- Bridge and Roof Co (India) Ltd
- MECON Limited
Expecting IDA Rates from 01.07.2023 for 3rd PRC Employees
|Month||CPI Index Number||Status||% of Increase Expecting|
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23 thoughts on “IDA Rates from 01.04.2023 for 3rd PRC Employees”
Thanks to all creative 3PRC , end of
These things always GOOD
Soon 3rd PRC accepected giving pleasure
Sir,We BSNL pensioners hope The DOT, The BSNL will Permit. Pension Revision after Pay revision. As per the Present situation. Time is not important But giving Pension Revision is important. We say Salute to DOT, BSNL for permitting Pension Revision. Thanks.
When the ida orders shall be issued for july2021& october21 instalments?
11% ida mtnl ka mil tha august ki pension me lag kar aaya tha phir sep mah ki pension me kam Kyi kiya iska javab de
Very informative but it’s silent about BSNL,
Any more information on this? Please provide if it’s there!???
Jaroor melega viswas rakhay kyuinki viswas pay duniya kayam hai.
What about BSNL PAY REVISION ??& PENSION REVISION ?
3rd prc BSNL ke employees ko milega ya nahin , iske bare men union kya kar rahee hain, koi bhai kuchh pata karke batayen.
IDA will given or not due on october 2020 and january 2021
Why not government give BSNL 3rd PRC why not the union say government to provide 3prc to employees, it’s very same for the government my father in BSNL will die in working hours, BSNL government does not get me job on behalf job for me the compassionate job for me.
file a case in CAT or High court
Do not depend on compensation BSNL MTNL job, better to try somewhere else these are likely to closer condition shortly hence, no better future estimated by concern authority only.
What will be the effect on Ida due to change of base year 2016 in all India consumer price index.
There is no change in effective date, just changed the calculation process.
Please add Bridge & Roof Co.(I) Ltd. in the list.B&R implimented 3rdPRC on Feb’2019.
Rule-37A of CCS(Pension)rules 1972 clearly says even BSNL is closed pension to BSNL retirees absorbed from DOT is assured and DOT has also confirmed in writing. Pension guaranteed does not mean pension existing it has meaning of periodical revision as in the case of C G Pensioners and we are also C G Pensioners covered by CCS(Pension) rules, Revision of pay of BSNL employees is nothing to do with revision of pay of BSNL employees, Pension to BSNL retirees is paid from Consolidated Fund of India as to C G Pensioners. DOT is mis-interpreting/mis-leading with the stand even he is aware that revision cannot be denied but still why he is distancing himself from revision stand is matter of regret.
I also demand revision of absorbed BSNL retired person as per 3rd PRC with 15% fitment and delink with working employee.
Kindly add SPMCIL too.
What will da for BSNL Retired person from 1.7.20 to 30.9.20
Pay of BSNL employees is not revised as per 3rd PRC recommendation & BSNL weak financial status, Pension revision is linked to pay revision liking to Nakara judgment, Basically BSNL pensioners, who have served DOT over 25 to 35 years, are DOT personnel on service to BSNL based on which BSNL (a PSU)retirees are being paid pension bringing them under (CCS(Pension) Rules-1972. Pension is thus revisable as per 3rd PRC fitment or as per 7th CPC fitment in consideration to their C G pension status. Pension revision cannot be denied. Denial is an injustice to justice which law cannot permit.
Please add Food Corporation of India and Central Warehousing Corporation to the above list. Wage revision done and dusted.
We pensioners of BSNL are the pensioners of central government and it is the liability of centre to treat all equally and on the same pattern, Why second treatment towards BSNL retirees, Originally we are employees of DOT, Became corporation on 1-10-2000 and DA is given due to hike in prices. Is not for we pensioners. Kindly explain. Vivad why and what for, Pay revision also delayed why MOS communication got hostile on 3rd PRC even for pensioners which is injustice, The government is having lack of vision or inexperienced because of religious classification.
Rtd.Abdul Salam Reshi STOA(P) GR IV