As per notification issued by Labour Bureau of India, INCREASE IN IDA W.E.F. 1.1.2018., according to calculations based on All India Consumer Price Index for Industrial Workers, IDA will be by 2.6% for CPSEs where last pay revision was implemented w.e.f. 1.1.2007 and by 4.4% where last pay revision was implemented w.e.f. 1.1.1997.
All India Cost of Consumer Price Index (AICPI) for the last three months.
AICPI for September 2017: 285
AICPI for October 2017: 287
AICPI for November 2017: 288
Average for three months: 286.67
Increase over 126.33 (merged): 126.9%
Existing rate of IDA:: 124.3%; INCREASE: 2.6%