PSU IDA decreased to 88.4% from 01.04.2014, Order issued

PSU IDA decreased to 88.4% from 01.04.2014, Order issued

No. W-02/0002/2014-DPE (WC) –GL -VII/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: 3rd April 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 07.01.2014, the rate of DA payable to the executives and non-unionized supervisors of CPSEs (2007 pay revision) may be as follows:

(a) Date from which payable: 01.04.2014
(b) Average AICPI (2001=100) for the quarter Dec’2013 -Feb’ 2014
December, 2013 239
January, 2014 237
February, 2014 238
Average of the quarter 238
(c) Link Point 126.33 (as on 01.01.2007)
(d) Increase over link point: 111.67 (238 minus 126.33)
(e) Revised DA Rate w.e.f. 01.04.2014: 88.4% [(111.67 ][26.33) x 100]

2. The above rate of DA i.e. 88.4% 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 Hague)
Under Secretary

source-http://bsnleuchq.com/DPE%20order%20on%20IDA%20april.pdf

 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from Govtempdiary

Subscribe now to keep reading and get access to the full archive.

Continue reading