New BSNL IDA Rates of employees valid from second quarter of 2019 2020 financial year starts from July 2019 record an “formidable increase at 5.3%” from 01.07.2019 after taken an outstanding increments of PSU IDA in starting of this new financial year.
It may be the new financial increase for all executive and non executive BSNL employees from 01.07.2019 in the PSU, and it is a compensatory allowance from the Central Government for not being able to contain prices, and all these additional IDA given is taxed as per the slabs of Income Tax, As we said earlier about BSNL IDA calculation, but remains again this, where the Industrial Dearness Allowance (IDA) Rates calculates on All India Consumer Price Index (IW) with the below said points.
(1) It is based on the weighted average of prices for consumer goods and services.
(2) For July to September (Second Quarter of Financial year) of 2019, IDA calculation in the mean of specified months (March, April, May 2019) taken into consideration.
(3) It decides as per the price index numbers issued by the Department of Labour Bureau of India, and it is also after taking price changes for each item in the predetermined basket of goods of above months.
Now, as per All India Consumer Price Index Numbers for Industrial Workers CPI(IW) issued by Department of Labour Bureau, CPI records ‘an increase of 2 points’ in the first month(March 2019), and 3 points for April 19, and again by 2 for May 2019, let’s have a look at the confirmed IDA rates for PSU employees and pensioners.
IDA from July 2019
Based on this average of three months confirmed/expecting Consumer Price Index Numbers for Industrial Workers CPI(IW), BSNL IDA rates of employees and pensioners may increased at 5.3% (5.277 rounded to 5.3) in IDA from July 2019.
Even if the drop happens by 2 points for May 19 CPI numbers, the BSNL IDA rates will record an increase in IDA up to 4.2%, and if you want to know the confirmed IDA rates and complete list of up to the date employees BSNL IDA rates, have a look at this confirmed IDA rates sheet upto July 2019.
Department of Public Enterprises will issue the orders for the increase in dearness allowance at 5.3% from 01.07.2019, Accordingly PSU release new instructions to all BSNL circles for new increase of BSNL IDA rates with effect from 01.07.2019, So, with this new CPI Index numbers, BSNL employees and pensioners will gets new IDA rates for second quarter of this financial year 2019 2020.
V. M. Pawar says
Why the delay for implementing third PRC to the BSNL staff.
Santanu Palit says
IDA rate has been increased 6% but we are eager to know what about pay revised for BSNL Pensioners.
DESH RAJ says
Government must apply the clause of profitability for central/state Govt Departments this will be justice to mitigate non revision of pay scales of BSNL team, Nearly all ministries/departments working for welfare of State then why BSNL team is linked with profitability clause this team is also on the job like others.
V. M. Pawar says
प्रॉफीट हो गया तो ही तीसरा वेतन आयोग,, नहीं हो गया तो नहीं., ए तो सारासार अन्याय है, पेन्शनर कैसे प्रॉफीट दिला सकते हैं. प्रॉफीट चाहिए तो फिर से उन्हे काम पर रखो, पुरा वेतन देकर.
v k verma says
my family pension 23000 7th cpc, what is my pension, what is the BSNL 7th cpc?
kb milega
V. M. Pawar says
Why the Affordability clause is included in the third PRC and how the pensioners are coming in it.. Why the union leaders are not opposing to the stand taken by government.
Shahidanwar says
My family pension basic 10700+ida14700 April revised pension
G.D.Upadhaya says
3.2 percent increase from jan2019 has been declared.
om prakash verma says
what will be ida increase for revised pay scale w.e.f jan 2017
Khagi says
Present IDA for CPSE is 135.6% and from Jan 2019 it will become 138.8%.
Arvind Kumar says
I think DA for Jan 2019 is 3.4%
Ankit says
Jan 2019 how much percent ida increase
J p Sharm says
My 6th basic pay 19530. My 7th pay commission my pension ?
Ritesh says
6th pay commotion 19531= basic+da kitna hai
Batane ka just Karen
Thank you
U K Sarma says
Excellent analysis with facts & figures
GDUpadhaya says
Though the IDA rates are revised w.e.f. 1st Oct 2018, but as usual all retired employed who are taking their pension through Post Offices will be paid not before January 2019, as post offices get the order through Nagpur and Nagpur takes about 3 t o4 months time to issue orders to all post offices. This I am observing since 2001, as I am taking my pension from post office at Pune. Will some body look in this type of harassment.
B.M.Sood says
Seen such increase of Ida @7.6% after my retirement in October 2003. Now this increase of Ida from October 2018 shall give some relief.
Habibul says
Is it for all CPSE or only for BSNL?
samra says
Yes. This increase applicable for all employees of all CPSE’S
ANIL SHINDE says
I think it is the 1st time such a huge rise of IDA. I have seen last max 6%.
AJAY RANA says
what about AICPI from October 2018
please suggest or Answer
M.D.Arya says
As the price of petrol and diesel rising almost a day after, considering the repercussive effects of it Ida may be 7.7% approximately.