DA from 1.7.2018 for CPSE Executives of 1997 Pay Revision

DA from 1.7.2018 for CPSE Executives of 1997 Pay Revision

F. No. W-02/0004/2014-DPF (WC) – GL -XVI/18
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises
Public Enterprises Bhawan

Block 14, CGO Complex,
Lodi Road, New Delhi-1 10003
Dated: 4th July 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 O.M. of even No. dated 03.04.2018, the rate Of DA payable to the executives of CPSEs (1997 pay revision) is as follows:

a) Date from which payable: 01.07.2018

b) Average AICPI (1960—100) for the quarter Mar. ‘2018 — May’ 2018

March, 2018 – 6552
April, 2018 – 6572
May, 2018 – 6596
Average of the quarter – 6573

c) Link Point : 1708 (as on 01.01.1997)

d) Increase over link point: 4865 (6573-1708)

e) Revised DA Rate w.e.f. 01.07.2018 : 284.8% [(4865 /1708) x 100 ]

2. These rates are applicable in the case Of IDA employees, 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 of India are requested to bring the foregoings to the notice of the CPSEs under their administrative control for necessary action at their end.

(Samsul Haque)
Under Secretary

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