CPSE DA from 1st July 2014 for employees with revised pay on 1987 and 1992 basis

CPSE DA from 1st July 2014  – Central Public Sector Enterprises 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 XIV/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 :03rd July, 2014
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.3 of this Department’s O.M. No. 2(50)/86DPE (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-Il of the said O.M, the installments of DA become payable from 1st January, l ” April, l ” July, 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 03.04.2014, the rates of DA payable to the executives of CPSEs holding Board level post, below Board level post and non-unionised supervisors following IDA pattern of 1992 pay scales may be modified as follows:-
(a) Date from which payable: 01.07.2014

(b) AICPI (Linked to 1960=100) for the quarter
March,2014 5458
April, 2014 5522
May, 2014 5571
Average of the quarter 5517

(c) Increase over link point: 4418 (5517-1099)

(d) % increase over link point: 402% (441811099*100=402.0%)

DA Rates for various Pay Ranges

Basic Pay per Month DA Rates
Upto Rs. 3500 402% of pay subject to minimum of Rs. 8836/-
Above Rs 3500 and Upto Rs. 6500 301.5% of pay subject to minimum of Rs. 14070/-
Above Rs 6500 and Upto Rs. 9500 241.2% of pay subject to minimum of Rs. 19598/-
Above Rs 9500 201% of pay subject to minimum of Rs. 22914/-
3. The payment on account of dearness allowance involving fractions of 50 paise and above may be rounded off to the next higher rupee and the fractions of less than 50 paise may be ignored.
4. The quantum of IDA payable from 01.07.2014 at the old system of neutralization @ Rs. 2.00 per point shift for increase of 84 points may be Rs. 168/- and at AICPI 5517 DA payable may be Rs. 9623.75 to the executives holding Board level post, below Board level post and non-unionised supervisors following IDA pattern in the CPSEs of 1987 pay scales.
5. All administrative Ministries/Department of 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

Leave a Reply

Your email address will not be published. Required fields are marked *