IDA 2.4% REDUCED; NOT 2.3%
Dept. of Public Enterprises has issued orders fixing the rate of IDA from April 2017. It is 117.1% only.
There is a reduction of 2.4% from the existing rate of 119.5% applicable from January 2017.
As per the calculations given in the order the IDA should bed 117.15%. 0.05% is ignored.
TH orders: ida-april-2017-2.pdf