Payment of IDA at revised rates(7.3%) 01.01.2017-CPSEs

Payment of IDA at revised rates(7.3%) 01.01.2017-CPSEs

No. W-02/0039/2017-DPE (WC)-GL-XXIII/8
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: 3rd October, 2018

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. 01.01.2017 Payment of IDA at revised rates-regarding.

*****

The undersigned is directed to refer to the Para 7 and Annexure-Ill (3) of DPE’s OM dated 03.08.2017 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 next instalment for revision of rates of DA is due from 01.10.2018. Accordingly, the rate of DA payable to the executives and non-unionized supervisors of CPSEs is as follows:

(a) Date from which payable: 01.10.2018
(b) Average AICPI (2001=I00) for the quarter June, 2018 – Aug., 2018

June, 2018                               291
July, 2018                                 301
Aug., 2018                                301
Average of the quarter           297.66

(c) Link Point: 277.33 (as on 01.01.2017)
(d) Increase over link point: 20.33 (297.66 minus 277.33)
(e) DA Rate w.e.f. 01.10.2018: 7.3% [(20.33 ÷277.33) x 100]

2. The above rate of DA i.e. 7.3% would be applicable in the case of IDA employees who have been allowed revised pay scales (2017) as per DPE 0.Ms. dated 0108.2017, 04.08.2017 & 07.09.2017.

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

(Samsul Haque)
Under Secretary

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