CPSE DA from 1st July 2014 for employees with revised pay from 01.01.1997

CPSE DA from 1st July 2014 increased to 223 % for employees with revised pay from 01.01.1997 – Central Public Sector Enterprises Board level and below Board level posts including non-unionised supervisors

F. No. W-02/0004/2014-DPE (WC)-GL-XII/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: 3rd July, 2014

OFFICE MEMORANDUM
Subject: Board level posts 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.
In modification of this Department’s a.M. of even No. dated 03.04.2014, the rate of DA payable to the executives of CPSEs (1997 pay revision) is as follows:

a) Date from which payable: 01.07.2014

b) Average AICPI (1960=100) for the quarter Mar’2014-May’ 2014

March,2014 5458
April,2014 5522
May, 2014 5571

Average of the quarter 5517

c) Link Point 1708 (as on 01.01.1997)

d) Increase over link point: 3809 (5517-1708)

e) Revised DA Rate w.e.f. 01.07.2014: 223.0% [(3809-1708) x 100]

2. These rates are applicable in the case of IDA employees, whose pay have been revised with effect from 01.01.1997 as per OPE 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.
sd/-
(Samsul Haque)
Under Secretary

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