HomeCPSEIDA rates from April 2019 for 1987 and 1992 Pay Scales in CPSE

IDA rates from April 2019 for 1987 and 1992 Pay Scales in CPSE

IDA rates from April 2019 for 1987 and 1992 Pay Scales in CPSE

F. No. W-02/0003/2014-DPE(WC)-GL- XI/19
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated: 4th April, 2019

OFFICE MEMORANDUM

Subject :- Payment of DA to Board level/below Board level executives and non-unionized supervisors following IDA scales of pay in Central Public Sector Enterprises (CPSEs) on 1987 and 1992 basis.

The undersigned is directed to refer to para No. 4 of this Department’s O.M. No. 2(50)186-DPE (WC) dated 19.07.1995 wherein the rates of DA payable to the executives holding Board level post have been indicated. In accordance with the DA scheme spelt out in Annexure-III of the said O.M, the instalments of DA become payable from lst January, 1st April, 1st July and 1st October, every year based on the price increase above quarterly Index average of 1099 (1960- 100).

2. In continuation of this Department’s 0.M. of even No. dated 03.01.2019, the rates of DA payable to the executives of CPSEs holding Board level post, below Board level post and Non-Unionized Supervisors following IDA pattern of 1992 pay scales may be modified as follows:-

(a) Date from which payable: 01.04.2019

(b) AICPI (Linked to 1960=100) for the quarter Dec.’2018 – Feb.’ 2019

Dec., 2018      6872
Jan., 2019      7006
Feb, 2019      7006
Average of the quarter      6961

(c) Increase over link point : 5862 (6961-1099)

(d) % increase over link point: 533.4% (5862/1099* 100)

DA Rates for various Pay Ranges

Basic Pay per Month DA Rates
Upto Rs. 3500 533.4% of pay subject to minimum of Rs. 11724/-
Above Rs 3500 and Upto Rs. 6500 400% of pay subject to minimum of Rs. 18669/-
Above Rs 6500 and Upto Rs. 9500 320% of pay subject to minimum of Rs. 26000/-
Above Rs 9500 266.7% of pay subject to minimum of Rs. 30400/-

3. The payment on account of dearness allowance involving fractions of 50 paise and above may be rounded off to the next higher rupee and the fractions of less than 50 paise may be ignored.

4. The quantum of IDA payable from 01.04.2019 at the old system of neutralization @ Rs. 2.00 per point shift for increase of 76 points, may be Rs. 152/- and at AICPI 6961 DA payable may be Rs. 12511.75 to the executives holding Board level post, below Board level post and non-unionised supervisors following IDA pattern in the CPSEs of 1987 pay scales.

5. All administrative Ministries/Department of Government of India are requested to bring the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

Samsu1 Hague
Under Secretary

Signed Copy

joinwhatsapp

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Just In