Government of India, Ministry of Finance has issued a DA order for the Payment of DA to the CDA pattern employees of CPSEs on 5th CPC pay scales governed by HPPC recommendations w.e.f. 01.01.2024
DA Revised to CPSE Employees w.e.f. 01-01-2024
- CPSEs without Merger of 50% of DA: 477% to 493% w.e.f. 01.01.2024
- CPSEs Merger of 50% of DA: 427% to 443% w.e.f. 01.01.2024
No. 2(42)/97-DPE (WC)-GL-X/2024
Government of India
Ministry of Finance
Department of Public Enterprises
Public Enterprises Bhawan
Block 14, CGO Complex, Lodi Road,
New Delhi-110003,
Dated: the 14th June, 2024
OFFICE MEMORANDUM
Subject: -Payment of DA to the CDA pattern employees of CPSEs on 5th CPC pay scales governed by HPPC recommendations w.e.f. 01.01.2024-reg.
The undersigned is directed to refer 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.
2. In continuation of this Department’s OM of even number dated 16.11.2023, 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 CPSFs 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 trom existing rate of 477% to 493% w.e.f. 01.01.2024.
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 427% to 443% w.e.f. 01.01.2024.
3. The payment 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. All administrative Ministries/ Department of Government of India are requested to bring the foregoing to the notice of the Central Public Sector Enterprises under their administrative control for necessary action at their end.
(Dr. P.K. Sinha)
Under Secretary to the Government of India
5th CPC DA Order from Jan 2024 to CPSE Employees PDF