IDA is eligible to be increased by 4.5%, with effect from 01-01-2016. At present the IDA is 107.9%. The IDA will be from January will be 112.4%. DPE orders are expected.
The IDA increase from January 2014 is expected to be 5%. With the existing 85.5%, the total IDA eligible to be paid from January 2014.
But what about the 50% IDA Merger? No decision so far either by the Government for the Central Govt. Employees or by the DPE for the PSU staff.
The demand should be seriously raised by the unions and associations.