DA payable to the executives of CPSEs under 1997 pay revision w.e.f. 1.10.2014

DA payable to the executives of CPSEs under 1997 pay revision w.e.f. 1.10.2014

F. No. W-02/0004/2014-DPE (WC)- GL-XVIII/14
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: 9th October, 2014

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 03.07.2014, the rate of DA payable to the executives of CPSEs (1997 pay revision) is as follows:

a) Date from which payable: 01.10.2014

b) Average AICPI (1960=100) for the quarter June’2014 ~August’ 2014

June, 2014 :5615
July, 2014 :5753
August, 2014 :5773
Average of the quarter : 5714

c) Link Point :1708 (as on 01.01.1997)

d) Increase over link point: 4006 (5714-1708)

e) Revised DA Rate w.e.f. 01.10.2014: 234.5% [(4006+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 of India are requested to bring the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

Sd/-
(Samsul Haque)
Under Secretary

Source: http://www.dpe.nic.in/sites/upload_files/dpe/files/9_October_2014_IDA_19970001.pdf