Dept. of Public Enterprises has issued orders fixing the rate of IDA from April 2017. It is 117.1% only.
Thus there is a reduction of 2.4% from the existing rate of 119.5% .
Click : DPE IDA ORDERS 01.04.2017
DPE has issued orders revising IDA w.e.f 1.4.2017 from 270.7% to 266.7% for CPSEs where last pay revision was implemented w.e.f. 1.1.1997.