Payment of IDA at 408.4% to CPSE Employees wef 01-01-2023 for 1997 Pay Scales
Government of India
Ministry of Finance
Department of Public Enterprises
Public Enterprises Bhawan
Block 14, CGO Complex,
Lodhi Road, New Delhi-110003
Dated: the 4th January, 2023
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.
The undersigned is directed 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 408.4% from 01.01.2023 to the executives and non-unionized supervisors of CPSEs.
2. The above rates of DA i.e. 408.4% would be applicable in the case of IDA employees who have been allowed revised pay scales (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.
4. This issues with the approval of the Competent Authority.