Payment of IDA at revised rates for CPSE Employees from Oct 2018
No. W-02/0004/2014-DPE (WC)-GL-XXV/18
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 October, 2018
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 O.M. of even No. dated 04.07.2018, the rate of DA payable to the executives of CPSEs (1997 pay revision) is as follows:
a) Date from which payable : 01.10.2018
b) Average AICPI (1960-100) for the quarter June, 2018 Aug., 2018
June, 2018 6641
July, 2018 6872
Aug., 2018 6872
Average of the quarter 6795
c) Link Point : 1708 (as on 01.01.1997)
d) Increase over link point: 5087 (6795-1708)
e) Revised DA Rate w.e.f. 01.10.2018 : 297.8% [(5087/1708) 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 DPE O.M. dated 25.06.1 999.
3. All Administrative Ministries/Departments of the Government of India are requested to bring the foregoings to the notice of the CPSEs under their administrative control for necessary action at their end.