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Saturday, January 25, 2014

Payment of DA to Board level/below board level executives and non-unionized supervises following IDA scales of pay in Central public Sector Enterprises (CPSEs) on 1987 and 1992 basis

F.No.W-02/0003/2014-DPE (WC) –GL – II/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 : 7th January, 2014.

OFFICE MEMORANDUM

Subject: Payment of DA to Board level/below board level executives and non-unionized supervises 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.3 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 – II of the said O.M, the instalments of DA become payable from 1st January, 1st April, 1st July, 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 04.10.2013, the rates of DA payable to the executives of CPSEs holding Board level post, below Board level post and non-unionised supervisors following IDA pattern of 1992 pay scales may be modified as follows:-

(a)    Date from which payable : 01.01.2014

(b)   AICPI (Linked to 1960=100) for the quarter

September, 2013                      5433
October, 2013                         5502
November, 2013                     5546
Average of the quarter             5494

(c)    Increase over link point: 4395 (5494-1099)

(d)   % increase over link point 399.9% (4395/1099*100)

(e)    DA Rates for various pay Ranges


Basis pay per month
DA Rates
Upto Rs.3500
399.9% of pay subject to minimum of Rs.8790/-
Above Rs.3500 and Upto Rs.6500
299.9% of pay subject to minimum of Rs,13997/-
Above Rs.6500 and Upto Rs.9500
239.9% of pay Subject to Minimum of Rs.19494/-
Above Rs.9500
199.9% of pay subject to minimum of Rs.22791/-

3. The payment of 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 01.01.2014 at the old system of neutralization @ Rs.2.00 per point shift for increase of 145 points may be Rs.290/- and at AICPI 5494 Da payable may be Rs.9577.75 to the executives holding Board level post, below Board level post and non-unionised supervisors following IDA pattern in the CPSEs of 1987 pay scales.

5. All administrative Ministries/Department 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.

Sd/-
(Samsul Haque)
Under Secretary
 Source: http://www.dpe.nic.in/

            

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