The Government of India has issued a series of Office Memorandums (OMs) detailing revisions in Dearness Allowance (DA) rates for employees under various pay structures in CPSEs:
- DA Increase for CPSE Employees (7th CPC Pay Scales):
- DA rate increased from 50% to 53%, effective 1st July 2024.
- Arrears will be paid with October 2024 salaries.
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- IDA Updates for Board Level and Non-Unionized Supervisors in CPSEs:
- 224.2% for 2007 pay scales.
- 47.7% for 2017 pay scales.
- 447.4% for 1997 pay scales.
- Effective from 01.10.2024, as per respective DA schemes.
- IDA Rates for 1987 and 1992 Pay Scales:
- New DA rates based on AICPI 9350 (1960=100), effective 01.10.2024:
- 750.8% for pay up to Rs. 3500 (minimum Rs. 16,502).
- 563.1% for pay between Rs. 3500 and Rs. 6500 (minimum Rs. 26,278).
- 450.5% for pay between Rs. 6500 and Rs. 9500 (minimum Rs. 36,601).
- 375.4% for pay above Rs. 9500 (minimum Rs. 42,795).
- DA quantum for executives and supervisors calculated based on the old system of neutralization.
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- New DA rates based on AICPI 9350 (1960=100), effective 01.10.2024:
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