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CPSE DA from Oct, 2014 @ 234.5% payable to the executives (1997 pay revision)

The rate of DA payable from 01.10.2014 to the executives of CPSEs (1997 pay revision) @ 234.5%:-

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 Departmentโ€™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 Juneโ€™2014 ~Augustโ€™ 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

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