Expected IDA from 1st January 2024, for CPSE, PSU and Govt. employees

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AICPIN-IW for October 2023 has been released by Labour ministry on 30.11.2023. So, the IDA from 1st January 2024 for PSU or CPSE of 3rd PRC and 2nd PRC and others will be known to us after the declaration of AICPIN-IW of Sep’23, Oct’23 and Nov’23 months. DPE will also release the official DA hike circular in the first week of Jan’24.

For PSU employees of 3rd PRC, HRA (House Rent Allowance) may increase to 30%/20%/10% slab and CEA (Children Education Allowance) may increase by 25% from 1st January 2024. Check the details here

  1. IDA from 1st January 2024 may decrease by 0.1 % to 1.2% and IDA will be in the range of 42.6 % to 44.0 %, for 2017 (3rd PRC) pay scale CPSE or PSU employees.
  2. IDA from 1st January 2024 may decrease by 0.1 % to 2.6% and IDA will be in the range of 213 % to 216 %, for 2007 (2nd PRC) pay scale CPSE or PSU employees.

हिंदी में पढ़े: CPSE, PSU और सरकारी कर्मचारियों के लिए 1 जनवरी 2024 से IDA

Major Contents in the Post: (Jump to the Section)

  1. Expected IDA from 1st January 2024 for CPSE, PSU and Govt. employees
  2. IDA for 3rd PRC or 2017 pay scale CPSE, PSU and Govt. employees from 1st october 2023
  3. IDA for 2nd PRC or 2007 pay scale CPSE, PSU and Govt. employees from 1st october 2023
  4. IDA for 1997 pay scale CPSE, PSU and Govt. employees from 1st october 2023
  5. IDA for 1987 & 1992 pay scale CPSE, PSU and Govt. employees from 1st october 2023
  6. Calculation of IDA for PSU, CPSE, based on AICPIN

Expected IDA from 1st January 2024 for 3rd PRC or 2017 pay scale PSU, CPSE, based on AICPIN:

Here, AICPIN of only Sep’23 and Oct’23 have been declared and Nov’23 are assumed.

Expected IDA order for 3rd PRC or 2017 pay PSU employees from 1st Jan 2024
IDA rate for 3rd PRC or 2017 pay scale from 1st January 2024

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Expected IDA from 1st January 2024 for 2nd PRC or 2007 pay scale PSU, CPSE, based on AICPIN:

Here, AICPIN of only Sep’23 and Oct’23 have been declared and Nov’23 are assumed.

Expected IDA order for 2nd PRC or 2007 pay PSU employees from 1st Jan 2024
IDA rate for 2nd PRC or 2007 pay scale from 1st January 2024

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IDA declared from 1st October 2023, for CPSE, PSU & Govt. employees by DPE

  1. IDA from 1st October 2023 has been increased to 43.8% for 2017 (3rd PRC) CPSE or PSU employees.
  2. IDA from 1st October 2023 has been increased to 215.6 % for 2007 (2nd PRC) CPSE or PSU employees.
  3. IDA from 1st October 2023 has been increased to 432.8 % for 1997 pay scale.
  4. IDA from 1st October 2023 has been increased to 728% / 546% / 436.8% / 364% for 1987 & 1992 pay scale (based on the pay-band).

IDA from 1st October 2023 for 3rd PRC (2017 pay scale) PSU, CPSE declared by DPE:

IDA for 2017 pay scale (3rd PRC) CPSE or PSU employees has been increased to 43.8% from 1st October 2023.

IDA from 1st October 2023 for 3rd PRC (2017 pay scale) PSU, CPSE declared by DPE
IDA rate declared for 3rd PRC or 2017 pay scale by DPE from 1st October 2023Download

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IDA from 1st October 2023 for 2nd PRC (2007 pay scale) PSU, CPSE declared by DPE:

IDA for 2007 pay scale (2nd PRC) CPSE or PSU employees has been increased to 215.6% from 1st October 2023.

IDA from 1st October 2023 for 2nd PRC (2007 pay scale) PSU, CPSE declared by DPE
IDA rate declared for 2nd PRC or 2007 pay scale by DPE from 1st October 2023Download

IDA from 1st October 2023 for 1997 pay scale PSU, CPSE declared by DPE:

IDA for 1997 pay scale CPSE or PSU employees has been increased to 432.8% from 1st October 2023.

IDA from 1st October 2023 for 1997 pay scale PSU, CPSE declared by DPE
IDA rate declared for 1997 pay scale by DPE from 1st October 2023Download

IDA from 1st October 2023 for 1987 & 1992 pay scale PSU, CPSE declared by DPE:

IDA for 1987 & 1992 pay scale CPSE or PSU employees has been increased to to 728% / 546% / 436.8% / 364% from 1st October 2023.

IDA from 1st October 2023 for 1987 and 1992 pay scale PSU, CPSE declared by DPE
IDA rate declared for 1987 and 1992 pay scale by DPE from 1st October 2023Download

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Based on the AICPI-IW data, Department of Public Enterprises (DPE) under Ministry of Heavy Industries & Public Enterprises calculates the new IDA rate and releases the press note indicating the change in IDA rate.

Similarly, after the release of aicpin-iw data of September 2023, October 2023 and November 2023 by the Ministry of Labour and employment, the IDA from 1st January 2024 for PSU, CPSE and Govt. employees will be decided for 3rd PRC, 2nd PRC, 1997 pay scale and 1987 & 1992 pay scale etc.

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Past change of IDA for CPSE employees for 2017 (3rd PRC), 2007 (2nd PRC), 1997, 1987 & 1992 with DPE letter (source-DPE):

The current data of IDA since 01.01.2018 for all the pay scales as well as the historical data of all the CPSE pay scales implemented from year 2017, 2007, 1997 and 1987 & 1982 are compiled here. This will give you the reference to compare all the data among the different pay scales in different times, how much differences are among the pay scales and in same pay scale, what is the timeline of IDA change.

Here the IDA change has been written for a quarter for all the pay scales. These letters are issued by the DPE under MHIPE. The official letters issued by them has been attached here in the link. Click on the ‘IDA % number’ link to fetch the official letter from the DPE website.

PeriodIDA for 3rd PRC or 2017 pay scaleIDA for 2nd PRC or 2007 pay scaleIDA for 1997 pay scaleIDA for 1987 & 1992 pay scale
01.01.2024 to 31.03.2024
01.10.2023 to 31.12.2023 43.8%215.6%432.8%728% / 546% / 436.8% / 364%
01.07.2023 to 30.09.2023 39.2 %205.6 %416 % 701.9% / 526,4% / 421.1% / 351%
01.04.2023 to 30.06.202337.7 %202.3 %410.4 %693.2% / 519.9% / 415.9% / 346.6%%
01.01.2023 to 31.03.202337.2%201.2%408.4%690.2% / 517.7% / 414.1% / 345.1%%
01.10.2022 to 31.12.2022 34.8%195.8%399.5%676.3% / 507.2% / 405.8% / 338.2%
01.07.2022 to 30.09.2022 32.5 %190.8 %391 % 663.1% / 497.3% / 397.9% / 331.6%
01.04.2022 to 30.06.202230%185.3%381.7%649.7% / 486.5% / 389.2% / 324.4%
01.01.2022 to 31.03.202229.4 %184.1 %379.6 %645.3% / 484% / 387.2% / 322.7%
01.10.2021 to 31.12.2021 27.2 %179.3 %371.5 %632.8% / 474.6% / 379.7% / 316.4%
01.07.2021 to 30.09.2021 24.7 %173.8 %362.2 %618.4% / 463.8% / 371% / 309.2%
01.04.2021 to 30.06.2021 23.2 %, But kept same at 18.4% 170.5 %, But kept same at 159.9% Same as DA from 01.07.20 Same as DA from 01.07.20
01.01.2021 to 31.03.202123.7 %, But kept same at 18.4%171.5 %, But kept same at 159.9%Same as DA from 01.07.20Same as DA from 01.07.20
01.10.2020 to 31.12.202020.9 %, But kept same at 18.4%165.4 %, But kept same at 159.9%Same as DA from 01.07.20Same as DA from 01.07.20
01.07.2020 to 30.09.202018.4 %159.9 %338.8%291-582%
01.04.2020 to 30.06.202018.7%160.7%340.2%292-584%
01.01.2020 to 31.03.202017.2 %157.3 %334.3 %287-575%
01.10.2019 to 31.12.201914.8 %152%325.5%280-561%
01.07.2019 to 30.09.201912.4 %146.7%316.6%273-547%
01.04.2019 to 30.06.201910 %141.4%307.5%266-533%
01.01.2019 to 31.03.20198.8 %138.3%303.1%263-526%
01.10.2018 to 31.12.20187.3 %135.6%297.8%259-518%
01.07.2018 to 30.09.20183.8 %128%284.8%249-498%
01.04.2018 to 30.06.20183.5 %127.2%283.5%248-496%
01.01.2018 to 31.03.20183.4 %126.9%283.1%247-495%
History of Dearness allowance DA (IDA) hike for central public sector enterprises of 3rd PRC(2017 ), 2nd PRC (2007), 1st PRC (1997) and 1987 & 1992

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Formula to calculate IDA rate for 3rd PRC or 2017 pay scale? Example:

  • Average AICPIN (2001=100) for the last 3 quarters:
  • Feb 2023 = 382.18
  • Jan 2023 = 382.46
  • Dec 2022 = 381.02
  • Average of the quarter = 381.89
  • Link point = 277.33 (as on 01.01.2017)
  • Increase over Link point = 104.56 = [381.89 – 277.33]
  • DA rate effective from 01.04.2023 = 37.7 = [(104.56 / 277.33) x 100]

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How to calculate IDA rate for 2nd PRC or 2007 pay scale? Example:

  • Average AICPIN (2001=100) for the last 3 quarters:
  • Feb 2023 = 382.18
  • Jan 2023 = 382.46
  • Dec 2022 = 381.02
  • Average of the quarter = 381.89
  • Link point = 126.33 (as on 01.01.2007)
  • Increase over Link point = 255.56 = [381.89 – 126.33]
  • DA rate effective from 01.04.2023 = 202.3 = [(255.56 / 126.33) x 100]

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Pay revision documents of CPSE employees (source: DPE) :

2017-pay-revision-scale-document-DPEDownload
2007-pay-revision-scale-document-DPEDownload
1997-pay-revision-scale-document-DPEDownload
DA, DR hike of all states and UTs of IndiaDA hike of Central Govt. Employees of 7th cpc, 6th cpc, 5th cpc
DA, DR hike of Indian Army, Navy and Air ForceDR hike of Central Govt. Pensioners and Family Pensioners
DA hike of Bank EmployeesDR hike of Bank Pensioners or Bank Retirees of all types
IDA hike for CPSE or PSU employees of 3rd prc, 2nd prc, 1997 pay scaleAICPI-IW of current month – To calculate DA, DR

Disclaimer: Kindly refer dpe.gov.in for any inconsistencies in rules, understandings and clarification.

10 thoughts on “Expected IDA from 1st January 2024, for CPSE, PSU and Govt. employees”

    1. Govt. is giving us IDA rate of 1st April, not of 1st July. Like they gave 28% (DA of 1st Jan) to Central Govt. Employees instead of 31% (DA of 1st July).

      Reply

      1. Because no one is there to question the Government. Further, Govt is unable to provide the logical answer to the question. Probably, this is to avoid increase of HRA for CPSU employees.

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