DA @ 436.5% from 01.07.2024 payable to the executives and non-unionized supervisors of CPSEs – Revision of scales of pay w.e.f. 01.01.1997

DA @ 436.5% from 01.07.2024 payable to the executives and non-unionized supervisors of Central Public Sector Enterprises (CPSEs) – Revision of scales of pay w.e.f. 01.01.1997

No.W-02/ 0004 /201-4-DPE(WC)-GI-XV1 / 202
Government of India
Ministry of Finance
Department of Public Enterprises
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Public Enterprises Bhawan
Block 14, CGO Complex,
Lodhi Road, New Delhi-110003
Dated: the 22nd July, 2024

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. 01.01.1997 — Payment of IDA at revised rates-regarding.

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The undersigned is directed to refer to the new DA Scheme at Annexure-III of DPF’s OM dated 25.06.1999 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 revised rate of DA payable is 436.5% from 01.07.2024 to the executives and non-unionized supervisors of CPSs.

2. The above rates of DA i.e. 436.5% would be applicable in the case of IDA employees who have been allowed revised pay scales (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.

4 This issues with the approval of the Competent Authority.

(Dr. P.K. Sinha)
Deputy Secretary to the Government of India

Source: Department of Public Enterprises