C.D.A. IS LIKELY TO BE 21% & IDA 157% W.E.F. 01.01.2020

30 Nov

C.D.A.  IS LIKELY TO BE 21% & IDA 157% W.E.F. 01.01.2020

Consumer Price Index (IW) for October 2019 : The AI CPI (IW) for October 2019 increased by 3 points and stood at 325. The CPI for November  will be available on 31.12.2019 which is expected to be 327. Based upon the presumption the IDA payable from 1.1.2020  may increase  by 5%,  MAKING TOTAL 157% AND  CDA will be 21% total

On the other hand employees who are drawing their pay in pre-revised 6th CPC pay structure will get 9% increase in Dearness Allowance w.e.f. January, 2020 at the rate of 173%, which is currently 164%.

CLICK CPI FOR OCTOBER 2019 : 01.12.2019 ACPIN OCTOBER 2019