The Department of Public Enterprises (DPE) under the Ministry of Finance has amended the rates of Dearness Allowance payable to the executives of CPSEs holding Board level posts or below Board level posts and Non-Unionized Supervisors who follow the IDA pattern of 1992 pay scales. In an office memorandum dated July 7, 2023, the Department of Public Enterprises mentioned the modified rates of DA payable to these employees.
The revised DA rates will be payable from July 1, 2023. Here are the new rates of Dearness Allowances for the above-mentioned employees.
For a basic pay of up to Rs 3,500 per month, the DA rate from July 1, 2023, will be 701.9 per cent of pay subject to a minimum of Rs 15,428. For basic pay between Rs 3,501 and Rs 6,500 per month, the DA rate from July 1, 2023, will be 526.4 per cent of pay subject to a minimum of Rs 24,567. For a basic pay of over Rs 6,500 and up to Rs 9,500, the DA rate from July 1, 2023, will be 421.1 per cent of pay subject to a minimum of Rs 34,216.
“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,” the department said.
The instalments of DA become payable from January 1, April 1, July 1 and October 1, every year based on the price increase above the quarterly Index average of 1099 (1960=100), the department said. “Average AICPI (1960=100) for the quarter March 2023 to May 2023 is 8813. The increase over the link point in percentage [(8313-1099)/1099*100] is 701.9 per cent,” it added.
“The quantum of IDA payable from 01.07.2023 at the old system of neutralization @Rs.2.00 per point shift for an increase of 96 points, maybe Rs 192/- and at AICPI 8813, DA payable may be Rs. 16215.75 to the executives holding Board level post, below Board level post and non-unionized supervisors following IDA pattern in the CPSEs of 1987 pay scales,” the department added. 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.DA rates revised for these central employees: Take a look
1) In another office memorandum dated July 7, 2023, the Department of Public Enterprises, said, “(According) to refer to the new DA Scheme at Annexure-III of DPE’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 rate of DA payable is 416.0 per cent from 01.07.2023 to the executives and non-unionized supervisors of CPSEs.” The above rates of DA i.e. 416.0 per cent 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, it added.
2) In a separate office memorandum dated July 7, 2023, the department said, “…. (According) to the para 6 and Annexure-II (B) of DPE’s OM dated 26.11.2008 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 rate of DA payable to the executives and non-unionized supervisors of CPSEs w.e.f 01.07.2023 for 2007 pay scales is 205.6 per cent. These rates of DA 1.e. 205.6 per cent would be applicable in the case of IDA employees who have been allowed revised pay scales (2007) as per DPE O.Ms. dated 26.11.2008, 09.02.2009 & 02.04.2009.”
3) In another office memorandum, the Department of Public Enterprises, said, “… (According) the para 7 and Annexure-III (B) of DPE’s OM dated 03.08.2017 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 rate of DA payable to the executives and non-unionized supervisors of CPSEs w.e.f. 01.07.2023 for 2017 Pay Scales is 39.2 per cent.”
“The above rate of DA i.e. 39.2 per cent would be applicable in the case of IDA employees who have been allowed revised pay scales (2017) as per DPE O.Ms. dated 03.08.2017, 04.08.2017 & 07.09.2017,” it added.
4) According to Para No. 2 and Annexure-III to this Department’s O.M. dated 24.10.1997 wherein the rates of DA payable to the employees of CPSEs following CDA pattern pay scales, who are governed by HPPC recommendations had been indicated, the department said in a separate office memorandum dated July 7, 2023.
The Department of Public Enterprises said: In continuation of this Department’s OM of even number dated 28.10.2022, the rates of Dearness Allowance payable to the employees of CPSEs governed by the recommendations of HPPC, which have not revised their pay scales in terms of DPE O.M. No. 2(54)/2008-DPE(WC) dated 14.10.2008 may be as follows:-
a) In case of CPSEs who have not allowed the benefit of merger of 50% of DA with basic pay as contained in DPE O.M. dated 24.05.2005 to their employees, the DA payable may be enhanced from existing rate of 446 per cent to 462 per cent w.e.f. 01.01.2023.
b) In case of CPSEs who have allowed the benefit of merger of 50% of DA with basic pay as contained in DPE O.M. dated 24.05.2005 to their employees, the DA payable may be enhanced from existing rate of 396 per cent to 412 per cent w.e.f. 01.01.2023.
