CPSE Jan 2024 DA: 43.7% Increase to CPSE 2017 Pay Scale Employees

DA from 01.01.2024: 43.7% Increase for CPSEs 2017 Pay Scale

According to the latest directive, effective from January 1, 2024, the Dearness Allowance (DA) has been increased to 43.7% for all employees serving in central public sector enterprises (CPSEs). This increase applies to both board-level and below board level positions, including non-unionized supervisors. The new pay scale for these positions reflects the commitment to providing fair and equitable compensation to employees across different levels within the organization.

IDA from 01.01.2024 at 43.7% to CPSEs 2017 Pay Scale – Board level and below Board level posts including Non-unionised supervisors

No. W-02/0039/2017-DPE (WC)-GL-II/2023
Government of India
Ministry of Finance
Department of Public Enterprises

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated: the 11th January, 2024

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 rate of DA payable to the executives and non-unionized supervisors of CPSEs w.e.f. 01.01.2017 for 2017 Pay Scales is 43.7%.

2. The above rate of DA 1.e. 43.7% 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 foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

4. This issues with the approval of the Competent Authority.

(Rajesh Puri)
Deputy Director

View 43.7% DA Order Jan 2024 PDF

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