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Rates of DA payable to the executives of CPSEs on 1987 & 1992 basis

January 6, 2023 Eliza

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

F.No.W-02/0003/ 2014-DPE(WC)-GL-IV/2023
Government of India
Ministry of Finance
Department of Public Enterprises

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi- 110003
Dated: the 4th January, 2023

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 06.10.2022, 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:-

Date from which payable: 01.01.2023

Average AICPI (1960= 100) for the quarter September, 2022 to November, 2022 is 8684. The increase over the link point in percentage [(8684- 1099)/ 1099*100] is 690.2%. DA Rates for various Pay Ranges w.e.f. 01.01.2023

DA Rates for various Pay Ranges:

Basic Pay per MonthDA Rates
Upto Rs.3500690.2% of pay subject to minimum of Rs.15170 / –
Above Rs.3500 and Upto Rs.6500517.7% of pay subject to minimum of Rs.24157 /-
Above Rs.6500 and Upto Rs.9500414.1% of pay subject to minimum of Rs.33651/-
Above Rs.9500345.1% of pay subject to minimum of Rs.39340 /-

Source: dpe.gov.in

Rates of DA payable to the executives of CPSEs on 1987 & 1992 basis

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Filed Under: CGE Latest News, DA News For Central Government Employees News, DPE CIRCULAR, FINMIN ORDERS, Recent govt orders January 6, 2023

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