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Sunday, 12 October 2014

PAYMENT OF IDA REVISED RATES W.E.F. 01.01.2007 TO BOARD LEVEL AND BELOW BOARD LEVEL POSTS IN CPSEs.

No. W-02/0002/2014-DPE (WC) - GL- XIIL/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: 9'" October, 2014


OFFICE MEMORANDUM

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.  01.01.2007- Payment of IDA at revised rates-regarding.

      In modification of this Department's O.M. of even No. dated 03.07.2014, the rate of DA payable to the executives and non-unionized supervisors of CPSEs (2007 pay revision) is as follows:

     (a) Date from which payable: 01.10.2014
     (b) Average AICPI (2001=100) for the quarter June'2014 -August' 2014
         June, 2014            246
         July, 2014            252
         August, 2014          253
         Average of the quarter 250.33
     (c) Link Point:          126.33 (as on 01.01.2007)
     (d) Increase over link point: 124 (250.33 minus 126.33)
     (e) Revised DA Rate w.e.f. 01.10.2014: 98.1 [(124 /126.33) x 100]


2.    The above rate of DA i.e. 98.1'/0 would be applicable in the case of IDA employees who have been allowed revised pay scales (2007) as per DPE O.M. dated 26.11.2008, 09.02.2009 & 02.04.2009.


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.

                                                                       Sd/-
                                                                   (Samsul Haque)
                                                                   Under Secretary
To,
All the administrative Ministries/Departments of the Government of India.
Copy to:
1. Chief Executives of Central Public Sector Enterprises.
2. Financial Advisers in the Administrative Ministries/ Departments.
3. Department of Expenditure, E-II Branch, North Block, New Delhi.
4. The Comptroller & Auditor General of India, 9, Deen Dayal Upadhayay Marg, New Delhi.
5. NIC, DPE with the request to upload this OM on to the DPE 

Source:- http://www.dpe.nic.in/sites/upload_files/dpe/files/9_October_2014%20IDA_20070001.pdf

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