IDA Rate 7.3% from 1.1.2018 to CPSE Employees

IDA Rate 7.3% from 01.01.2018 to CPSEs Employees

7th CPC DA to CPSE Employees from July 2018 – Orders issued

Board level and below Board level posts including non-unionised supervisors in Central Public Sector Enterprises (CPSEs)

No.W-02/0039/2017-DPE (WC)-GL-XXIII/8

 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

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. 01.01.2017 – Payment of IDA at revised rates-regarding.

The undersigned is directed to refer to 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 next instalment for revision of rates of DA is due from 01.10.2018. Accordingly. the rate of DA payable to the executives and non-unionized supervisors of CPSEs is as follows:

(a) Date from which payable: 01.10.2018

(b) Average AICPI (2001=100) for the quarter June, 2018 – Aug… 2018 

June, 2018 – 291 

July, 2018 – 301 

Aug, 2018 – 301

Average of the quarter . 297.66

(c) Link Point: 277.33 (as on 01.01.2017)

(d) Increase over link point: 20.33 (297.66 minus 277.33)

(e) DA Rate w.e.f. 01.10.2018: 7.3% [(20.33/277.33) x 100]

2. The above rate of DA i.e. 7.3% 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.

3. All administrative Ministries/ Departments of the Government at India are requested to bring the foregoings to the notice at of the CPSEs under their administrative control for necessary action at their end.

sd/- 

(Samsul Haque)

 Under Secretary

Source: https://dpe.gov.in