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How IDA increase is calculated?

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How IDA increase is calculated?

We have been reporting the increase in IDA every three months, always before official announcement is made.

We have not been making predictions or assumptions.  Our reporting has always been based on standard calculation used for the purpose.  We feel that the members also should be aware of the calculation. Hence this article.

The IDA rate revision is based on All India Consumer Price Index.  After Second Pay Revision w.e.f. 1.1.2007, the base index has also been revised to 1.1.2007, which is 126.33 

Purchase of National Savings Certificates by an audit on behalf of a minor a clarification regarding

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SB Order No.162012

Government of India
Ministry of Communications & IT
Department of Posts

Dak Bhawan, Sansad Marg,
New Delhi - 110 001,
Dated : 16.11.2012

All Heads Circles,
Addl. Director General, APS, New Delhi.

Subject : Purchase of National Savings Certificates by an audit on behalf of a minor a clarification regarding.

The undersigned is directed to say that this office has received a complaint through Secretary (Coord & PG), Cabinet Secretariat, Rashtrapati Bhawan, New Delhi regarding refusal of issue of NSC in the name of Grand Daughter (minor) to one Sh.S.P.Jain by Palam Vihar PO as well as SSPOs gurgaon (Haryana).


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The issue of grant of additional quantum of pension/family pension and clarification to the doubt raised by the Chennai PAO has been taken up by the CHQ through Com. S.K.Vyasji.
Thanks to Com. Vyasji.

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