IDA increased by 5.5% w.e.f. 1st July 2022.

As per Consumer Price Index numbers released by Labour Bureau on 30-06-2022, IDA is likely to increase by 5.5% w.e.f. 1^st July 2022. Thus, the new IDA rate w.e.f 1^st July, 2022 will be 190.8% [185.3% + 5.5% = 190.8%]. This IDA increase will be payable after DPE issues the order.

[With inputs from Com.Mihir Das Gupta, former AGS]