DA from 01 Apr 2024 to Board level/below Board level executives and non-unionized supervisors following IDA scales of pay in Central Public Sector Enterprises (CPSEs) on 1987 and 1992 basis
F.No.W-02/0003/2014-DPE(WC)-GL-IX/2024
Government of India
Ministry of Finance
Department of Public Enterprises
Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated: thc 14th January,2024
OFFICE MEMORANDUM
Subject:- Payment of DA to Board level/below Board level executives and non-unionized supervisors following IDA scales of pay in Central Public Sector Enterprises (CPSEs) on 1987 and 1992 basis.
The undcrsigned is directed to refer to Para No.4 of this Department’s O.M. No. 2(50)/86-DPIX(WC) dated 19.07.1995 wherein the rates of DA payable to the executives holding Board level post have been indicated. In accordance with the IDA scheme spelt out in Annexure-III of the said O.M, the installments of DA become payable from 1st January, 1st April, 1st July and 1st October, every year based on the price increase above quarterly Index average of 1099 (1960=100).
2. In continuation of this Department’s O.M. of even No. dated 11.01.2024, the rates of DA payable to the executives of CPSEs holding Board level post, below Board level post and Non-Unionized Supervisors following IDA pattern of 1992 pay scales may be modified as follows:-
Date from which payable: 01.04.2024
Average AICPI (1960=100) for the quarter December, 2023 to February, 2024 is 9135. The increase over the link point in percentage [(9135-1099)/ 1099*100] is 731.2%. DA Rates for various Pay Ranges w.e.f. 01.04.2024.
DA Rates for various Pay Ranges:
| Basic Pay per Month | DA Rates |
| Upto Rs.3500 | 731.2% of pay subject to minimum of Rs.16072/- |
| Above Rs.3500 and Upto Rs.6500 | 548.4% of pay subject to minimum of Rs.25592/- |
| Above Rs.6500 and Upto Rs.9500 | 438.7% of pay subject to minimum of Rs.35646/- |
| Above Rs.9500 | 365.6% of pay subject to minimum of Rs.41677/- |
Previous: DA from 01 Jan 2024 – IDA Scales of pay in CPSEs on 1987 and 1992 Basis
4 The quantum of IDA payable from 01.04.2024 at the old system of neutralization @ Rs.2.00 per point shift for increase of 41 points, may be Rs.82/- and at AICPI 9135, DA payable may be Rs. 16859.75 to the executives holding Board level post, below Board level post and non-unionized supervisors following IDA pattern in the CPSEs of 1987 pay scales.
5. All administrative Ministries/Departments of 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.
6. This issues with the approval of the Competent Authority.
Sd/-
(Dr. P.K. Sinha)
Deputy Secretary to the Government of India
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