Payment of IDA at revised rates
IDA from 1.7.2018 for CPSE Employees on Revised Pay Scales w.e.f.1.1.2017
No W-02/0039/2017-DPE (WC)-GL-XIV/18
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: 4th July, 2018
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. 01.01.1017 — 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 01.07.2018. Accordingly, the rate of DA payable to the executives and non-unionized supervisors of CPSEs is as follows:
(a) Date from which payable: 01.07.2018
(b) Averate AICPI(2001=100) for the quarter Mar 2018-May’ 2018
March, 2018 – 287
April, 2018 – 288
May, 2018 – 289
Average of the quarter – 288
(c) Link Point: 277.33 (as on 01.01.2017)
(d) Increase over link point: 10.67 (288 minus 277.33)
(e) DA Rate w.e.f. 01.07.2018: 3.8% [(10.67 277.33) x 100]
2. The above rate of DA i.e. 3.8% 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 of India are requested to bring the foregoings to the notice of the CPSEs under their administrative control for necessary action at their end.