Payment of IDA w.e.f 1.1.2015 for CPSE Employees under Revised Pay Scale of 1.1.1997

Payment of IDA w.e.f 1.1.2015 for CPSE Employees under Revised Pay Scale of 1.1.1997

F. No. W-02/0004/2014-DPE (WC)- GL-III/15
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: 5th January, 2015

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 09.10.2014, the rate of DA payable to the executives of CPSEs (1997 pay revision) is as follows:

a) Date from which payable: 01.01.2015

b) Average AICPI (1960=100) for the quarter Sept’2014 ~Nov’ 2014

September, 2014 :5773
October, 2014 :5773
November, 2014 :5773
Average of the quarter : 5773

c) Link Point :1708 (as on 01.01.1997)

d) Increase over link point: 4065 (5773-1708)

e) Revised DA Rate w.e.f. 01.01.2015: 238% [(4065+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/05_01_2015_IDA%201997_pay_scales.pdf