Dearness Allowance from 01.10.2022 to CPSEs Board level/below Board level executives drawing pay on 1987 and 1992 basis.

Dearness Allowance from 01.10.2022 to CPSEs Board level/below Board level executives drawing pay on 1987 and 1992 basis.

Dearness Allowance from 01.10.2022 to CPSEs Board level/below Board level executives drawing pay on 1987 and 1992 basis.

F.No.W-02/0003/2014-DPE(WC)-GL-XIX/2022
Government of India
Ministry of Finance
Department of Public Enterprises

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated: the 06 October, 2022

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.4 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 and 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 13.07.2022, the rates of DA payable to the executives of CPSEs holding Board level post, below Board level post and Non-Unionized Supervisors following IDA pattern of 1992 pay scales may be modified as follows:-

View :  Revised rates of IDA @ 408.4%  w.e.f 01.01.2023 for Board level posts including Non­ unionised supervisors in Central Public Sector Enterprises (CPSEs) drawing pay scale as per 1997 scale of pay

Date from which payable: 01.10.2022

Average AICPI (1960=100) for the quarter June, 2022 to August, 2022 is 8531. The increase over the link point in percentage [(8531-1099)/ 1099*100] is 676.3%. DA Rates for various Pay Ranges w.e.f, 01.10.2022

DA Rates for various Pay Ranges:

Basic Pay per MonthDA Rates
Upto Rs.3500676.3% of pay subject to minimum of Rs.14864/-
Above Rs.3500 and Upto Rs.6500(507.2% of pay subject to minimum of Rs.23671/-
Above Rs.6500 and Upto Rs.9500405.8% of pay subject to minimum of Rs.32968/-
Above Rs.9500338.2% of pay subject to minimum of Rs.38595/-

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 01.10.2022 at the old system of neutralization @ Rs.2.00 per point shift for increase of 145 points, may be Rs.290/- and at AICPI 8531, DA payable may be Rs. 15651.75 to the executives holding Board level post, below Board level post and non-unionized supervisors following IDA pattern in the CPSEs of 1987 pay scales.

5. All administrative Ministries/Departments of 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.

View :  Launching of GOI portal to facilitate Air Travel of Government Employees: Fin Min Order

6. This issues with the approval of the Competent Authority.

(Naresh Kumar)
Under Secretary

To:

All administrative Ministries/Departments of the Government of India.

Copy to:

  1. The Chief Executives of Central Public Sector Enterprises.
  2. Financial Advisers in the Administrative Ministries/Departments.
  3. Department of Expenditure, E-II Branch, North Block, New Delhi.
  4. The Comptroller & Auditor General of India, 9 Deen Dayal Upadhyay Marg, New Delhi.
  5. NIC, DPE with the request to upload this OM on the DPE website.

(Naresh Kumar)
Under Secretary

DPE OM reg 1987 & 1992 IDA pay scales

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