PSU IDA Rates from 01.04.2024 for 2007 Pay Scales

Find the PSU IDA rates of old and new expecting Industrial Dearness Allowance from 01.04.2024 applicable for 2nd PRC like BSNL working employees & Pensioners of PSUs under GOI, Check the IDA calculation formula based on Central Price Index number…

IDA from April 2024 or Industrial Dearness Allowance is a type of allowance given to employees of Public Sector Enterprises (PSEs) under the Government of India, as well as for the Pensioners as per the price index number declare by the labor bureau of India.

However, IDA is not a compulsory allowance when it comes to private sector employees, and this means the private sector companies not forced to give their employees this kind of allowance.

Also, IDA rates get modifies quite frequently, because of the inflation rate on a quarterly basis to decrease the burden of inflation, where in addition to that, the government came up with different allowance plans for the employees, along with extra benefits.

PSU IDA Rates New for 2nd and 3rd PRC Employees

So the employees can cope up with the situation, One of the main reasons why CPI notices a rapid rise is because of the frequent changes in the IDA rates, Moreover, you should know that Industrial Dearness Allowance rates modified on the basis of the previous 3 months AICPIN or All India Consumer Price Index Number.

Expected IDA from April 2024 for 2017 PRC Employee

PSU IDA Rates Table for 2007 PRC Employees

From To Rate of Industrial Dearness Allowance (IDA) % IDA Increase
Apr 24Jun 24216.7 (Expecting)1.3 (Expecting)
Jan 24Mar 24215.4-0.2
1st October 202331st December 2023215.610
1st July 202330th September 2023205.63.3
1 April 202330 June 2023202.3 1.1
1 January 202331 March 2023201.25.4
01.10.202231.12.2022 195.8 5
01.07.22 30.09.22190.8 5.5
01.04.22 30.06.22 185.3 1.2
01.01.202231.03.2022184.1 4.8
01.10.21 31.12.21 179.3 5.5
01.07.21 30.09.2021 173.8 3.3%
01.04.202130.06.2021 170.5 -1.2%
01.01.2021 31.03.2021 171.76.3%
01.10.2020 31.12.2020 165.4 5.5%
01.07.2020 30.09.2020 159.9 -0.8%
01.04.2020 31st July 2020 160.7 3.4%
01.01.2020 31.03.2020 157.3 5.3
01.10.2019 31.12.2019 152 5.3
1.7.2019 30.09.2019 146.7 5.3
1.4.2019 30.6.2019 141.4 2.6
1.1.2019 31.3.2019 138.8 3.2
1.10.2018 31.12.2018 135.6 7.6
1.7.2018 30.9.2018 128 0.8
1.4.2018 30.6.2018 127.2 0.3
1.1.2018 31.3.2018 126.9 2.6
1.10.2017 31.12.2017 124.3 5.3
1.7.2017 30.9.2017 119 1.9
1.4.2017 30.6.2017 117.1 -2.4
1.1.2017 31.3.2017 119.5 -0.8
1.10.2016 31.12.2016 120.3 5.5
1.7.2016 30.9.2016 114.8 2.4
1.4.2016 30.6.2016 112.4 0
1.1.2016 31.3.2016 112.4 4.5
1.10.2015 31.12.2015 107.9 5.3
1.7.2015 30.9.2015 102.6 2.1
1.4.2015 30.06.2015 100.5 0.2
1.1.2015 31.3.2015 100.3 2.2
1.10.2014 31.12.2014 98.1 6.8
1.7.2014 30.9.2014 91.3 2.9
1.4.2014 30.6.2014 88.4 -2.1
1.1.2014 31.3.2014 90.5 5
1.10.2013 31.12.2013 85.5 6.6
1.7.2013 30.9.2013 78.9 4
1.4.2013 30.6.2013 74.9 3.4
1.1.2013 31.3.2013 71.5 4.2
1.10.2012 31.12.2012 67.3 5.8
1.7.2012 30.9.2012 61.5 4.8
1.4.2012 30.6.2012 56.7 0
1.1.2012 31.3.2012 56.7 4.7
1.10.2011 31.12.201152 4.8
1.7.2011 30.9.2011 47.2 0
1.4.2011 30.6.2011 47.2 4.2
1.1.2011 31.3.2011 43 3.2
1.10.2010 31.12.2010 39.8 4.7
1.7.2010 30.9.2010 35.1 0.3
1.4.2010 30.6.2010 34.8 3.9
1.1.2010 31.3.2010 30.9 5.6
1.10.2009 31.12.2009 25.3 6.8
1.7.2009 30.9.2009 18.5 1.6
1.4.2009 30.6.2009 16.9 0.3
1.1.2009 31.3.2009 16.6 3.7
1.10.2008 31.12.200812.9 3.7
1.7.2008 30.9.2008 9.2 2.9
1.4.2008 30.6.2007 6.3 0.5
1.1.2008 31.3.2008 5.8 1.6
1.10.2007 31.12.2007 4.2 2.9
1.7.2007 30.9.2007 1.3 0.5
1.4.2007 30.6.2007 0.8 0.8
1.1.2007 31.3.2007 0 0
PSU IDA Rates 2007 to 2024

After confirming the latest AICPIN by labour bureau, any PSU released the enhanced IDA rates order to their units for implementation of new IDA at new rates from the corresponding month.

How to Calculate IDA (Industrial Dearness Allowance) for 2nd PRC

How to calculate IDA, Well, Calculation of PSU IDA rates is not really a tough job to do, and you should know that IDA rate revision is based on the All India Consumer Price Index Numbers.

Usually after second pay revision with effect from 01.01.2007, the base index has also been revised to 01.01.2007, which is 126.33, so to know the IDA increase rate, we will need to figure out the All India Consumer Price Index for Industrial Workers [CPI(IW)] for the previous three months.

Also, for the IDA revision w.e.f. 1st January, the CPI numbers of September, October and November may require, and from 01/04, December, January, February CPI numbers, where as 1st July of a year, the CPI of March, April, and May, whereas for IDA revision from 1st October, CPI of June, July and August required, and so on.

Once you have the average CPI of the last three months, you will need to use this below formula to calculate Industrial DA rates for PSU, and this formula is:

IDA Calculation Formula for 2007 PRC employee

  • New IDA rate = (Average CPI – Base Index) * 100
  • Base Index = 126.33
  • Increase in IDA rate = New IDA rate – Old IDA rate
    • For Example: If CPI for Jun 2023 – 136.4, July 2023 – 139.7 & August 2023 – 139.2, then find the average CPI for 3months, then the calculation of New IDA is = [(Average CPI – 126.33) / 126.33] * 100

Expecting IDA Rates from 01.07.2024 for 2nd PRC PSU Employees

CPI Month Index Number Status % of DA Increase from July 2024 (Expecting)
March 24Expecting
April 24Expecting
May 2024Expecting
Expecting IDA rates from July 2024

10 thoughts on “PSU IDA Rates from 01.04.2024 for 2007 Pay Scales”

  1. नमस्कार हम सेंट्रल पब्लिक सेक्टर एंटर प्राइजेज (पीएसयू )में काम करते हैं लेबर ब्यूरो ने बेस ईयर 2001 के स्थान पर 2016 कर दिया है हम नया कैलकुलेशन का फार्मूला और न्यू DA कैलकुलेटर भी चाहते हैं कृपया मेरे ईमेल rcverma74 @gmail.com पर bhejney का कष्ट करे हमने इस साइट पर बहुत ढूंढा (नया DA कैलकुलेटर CPSE Employees) जो 3 month के पॉइंट को आधार मानकर निकाला जाता है परंतु हम नहीं ढूंढ पाए इसीलिए आपसे अनुरोध कर रहा हूं धन्यवाद RAM CHANDRA VERMA AMBEDKAR NAGAR (UP)

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  2. नमस्कार हम सेंट्रल पब्लिक सेक्टर एंटर प्राइजेज (पीएसयू )में काम करते हैं लेबर ब्यूरो ने बेस ईयर 2001 के स्थान पर 2016 कर दिया है हम नया कैलकुलेशन का फार्मूला और न्यू DA कैलकुलेटर भी चाहते हैं कृपया मेरे ईमेल kapoorbablu11@ gmail.com पर bhejney का कष्ट करे हमने इस साइट पर बहुत ढूंढा (नया DA कैलकुलेटर CPSE Employees) जो 3 month के पॉइंट को आधार मानकर निकाला जाता है परंतु हम नहीं ढूंढ पाए इसीलिए आपसे अनुरोध कर रहा हूं धन्यवाद अतुल कपूर Lucknow

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