Rate of DA to Executives of CPSEs following 1997 pay revision guidelines is increased from 338.8% to 356.7% w.e.f. 01.07.2021

Rate of DA to Executives of CPSEs following 1997 pay revision guidelines is increased from 338.8% to 356.7% w.e.f. 01.07.2021

Rate of DA to Executives of CPSEs following 1997 pay revision guidelines is increased from 338.8% to 356.7% w.e.f. 01.07.2021

F.No.W-02/0004/2014-DPE(WC) -GL-IV/2021
Government of India
Ministry of Finance
Department of Public Enterprises
****

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodhi Road, New Delhi- 110003
Dated: 3rd  August, 2021

OFFICE  MEMORANDUM

Subject:     Board  level  post  and  below  Board  level  posts including  Non-unionised Supervisors of Central Public Sector Enterprises (CPSEs) – Revision  of Pay scales w.e.f . 01.01.1997-Payment of IDA at revised rates-reg

The undersigned is directed to refer to DPE’s OM No W-02/0039/2017 – DPE(WC)- GL­ XVI/20 dated 19.11.2020, wherein DA rates w.e.f. 01.10.2020 have been frozen for Executives and Non Unionised Supervisors of CPSEs following IDA pay pattern till 30.06.2021.

2. In modification of this Department’s OM of even number dated 17.08.2020, the rate of DA to Executives of CPSEs following 1997 pay revision guidelines is increased from 338.8% to 356.7% w.e.f. 01.07.2021 (Calculation Sheet is attached at Annexure). The increase subsumes the additional installments arising on 01.10.2020, 01.01.2021 and 01.04.2021. The rate of Dearness Allowance for the period from 01.10.2020 till 30.06.2021 shall remain at 338.8%.

3 . The above rates 356.7% are applicable in case of IDA employees, whose pay have been revised with effect from 01.01.1997 as per OPE OM dated 25.06.1999.

Read also |  Revision of scales of Pay w.e.f. 01.01.2017 - Payment of IDA at revised rates : DPE O.M dated 14th Aug 2020

4. All Administrative Ministries/Departments of the Government of India are requested to bring the foregoings to the notice of the CPSE under their administrative control for necessary action at their end.

(Samsul Haque)
Under Secretary

Annexure
Calculation Sheet for Executive and Non-Unionized Supervisors Following 1997 IDA Pay Scales

DUE DATEAverage of the QuarterLink Point (Avg. AICPI of last available three months AICPI as on 01.01.1997)Increase over Link PointDA RatesRemarks
01.10.2020765417085946348 . 1Actual DA rates during the freezing of DA period (01.10.2020 to 30.06.202 1) is 338.8%. No Arrears would be allowed
01.01.2021783417086126358.7
01 .04.202 1780117086093356.7

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