Payment of DA from 1st July, 2013 to CPSE Board level/below Board level executives following IDA scales of pay on 1987 and 1992 basis

 Payment of DA from 1st July, 2013 to CPSE  Board level/below Board level executives and non-unionized supervisors following IDA scales of pay on 1987 and 1992 basis.

F.No. 2(50)/86-DPE (WC)—GL-XIX/13
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 July, 2013

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. 3 of this Department’s O.M. No, 2(50)/86- 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 installments of DA become payable from 1st January, 1st April, 1st July, 1st October, every year based on the price increase above quarterly Index average of 1099(1960=100).

2. In continuation of this Department’s O.M. of even No. dated 08.04.2013, the rates of DA payable to the executives of CPSEs holding Board level post, below Board level post and non- unionised supervisors following IDA pattern of 1992 pay scales may be modified as follows:-

(a) Date from which payable: 01.07.2013

(b) AICPI (linked to 1960=100) for the quarter
March, 2013 5112
April, 2013 5157
May, 2013 5206
Average of the quarter 5158

(c) Increase over link point: 4059 points (5158 1099)

(d) DA Rates for various Pay Ranges

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 01.07.2013 at the old system of neutralization @ Rs. 2.00 per point shift for increase of 115 points over the last quarter may be Rs.230/- and at AICPI 5158, DA payable may be Rs.8905.75 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 action at their end.

Sd/-
(M.Subbarayan)
Director

Source:http://www.dpe.nic.in/sites/upload_files/dpe/files/glch04b140_05072013_new.pdf