Revised DA Rates for CPSE Executives & Non-Union Supervisors @ 432.4% from 01.01.2024
No.W-02/0004/2014-DPE(WC)-GL-IV/2024
Government of India
Ministry of Finance
Department of Public Enterprises
***
Public Enterprises Bhawan
Block 14, CGO Complex,
Lodhi Road, New Delhi-110003
Dated: the 11th January, 2024
OFFICE MEMORANDUM
Subject:- Board level 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.
The undersigned is directed to refer to the new DA Scheme at Annexure-III of DPE’s OM dated 25.06.1999 wherein the rates of DA payable to the Board level and below Board level executives and non-unionized supervisors of CPSEs have been indicated. The rate of DA payable is 432.4% from 01.01.2024 to the executives and non-unionized supervisors of CPSEs.
2. The above rates of DA i.e. 432.4% would be applicable in the case of IDA employees who have been allowed revised pay scales (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.
4 This issues with the approval of the Competent Authority.
(Rajesh Puri)
Deputy Director
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