CPSE Employees Dearness Allowance Revised – 297.8% DA For Pay Revised In 1997

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CPSE Employees Dearness Allowance Revised – 297.8% DA For Pay Revised In 1997

October 9, 2018, 5:57 AM

297.8% Dearness Allowance for Central Public Sector Enterprise Employees from October 2018 applicable to Employees whose pay revised in 1997
No. W-02/0004/2014-DPE (WC)-GL/XXV/18
Government of India
Ministry of Heavy Industries 8: Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block 14. CGO Complex,
Lodi Road. New Delhi-I10003
Dated: 3rd October. 2018

OFFICE MEMORANDUM

Subject:- Board level posts and below Board level posts including Non-unionised supervisors in Central Public Sector Enterprises (CPSEs)- Revision of scales of pay w.e.f. 01.01.1997 – Payment of IDA at revised rates regarding.

In modification of this Department’s OM. of even No. dated 04.07.2018. the rate of DA payable to the executives of CPSEs (1997 pay revision) is as follows:

a) Date from which payable: 01.10.2018

b) Average AICPI (1960=100) for the quarter June, 2018 – Aug… 2018

June.2018 = 6641

July. 2018 = 6872

Aug. 2018 = 6872

Average of the quarter = 6795

c) Link Point : 1708 (as on 01.01.1997)

d) Increase over link point: 5087 (6795-1708)

e) Revised DA Rate w.e.f. 01.10.2018: 297.8% [(5087/1708) x 100]

2. These rates are applicable in the case of IDA employees, whose pay have been revised with effect from 01.01.1997 as per DPE O.M. dated 25.06.1999.

3. All administrative Ministries/ Departments of the Government at India are requested to bring the foregoings to the notice at the CPSEs under their administrative control for necessary action at their end.

(Samsul Haque)
Under Secretary

Source – Gconnect

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