DA @ 432.4% to CPSEs 1997 Pay Scale – Board level and below
The Department of Administration (DA) has issued a notification effective from January 1, 2024, stating that there will be a significant increase in the salary of employees working in Central Public Sector Enterprises (CPSEs) who fall under the 1997 Pay Scale. This increase amounts to a substantial 432.4%. The benefits of this notification will extend to both board-level and below board level posts, including non-unionized supervisors. This decision is aimed at recognizing the hard work and dedication of CPSE employees and ensuring their financial well-being.
DA from 01.01.2024 @ 432.4% to CPSEs 1997 Pay Scale – Board level and below Board level posts including Non-unionised supervisors
No.W-02/0004/2014-DPE(WC)-GL-IV/2024
Government of India
Ministry of Finance
Department of Public Enterprises
Public Enterprises Bhawan
Block 14, CGO Complex,
Lodhi 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. 01.01.1997 — Payment of IDA at revised rates-regarding.
The undersigned is directed to refer to the new DA Scheme at Annexure-III of DPE’s OM dated 25.06.1999 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 is 432.4% from 01.01.2024 to the executives and non-unionized supervisors of CPSEs.
2. The above rates of DA i.e. 432.4% would be applicable in the case of IDA employees who have been allowed revised pay scales (1997) as per DPE O.M. dated 25.06.1999.
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
Click to view CPSE 432.4% DA Order PDF
Top Suggested Posts:
- Cabinet Committee Approves 4% DA to CG Employees and Pensioners with effect from 1st July 2023
- Cabinet Approves 50% DA Hike from 1 1 2024
- 50% DR to Central Govt Pensioners from 1.1.2024
- Finmin Released Order for 50% DA from 1st Jan 2024
- CPSE Jan 2024 DA: 432.4% DA Increase to CPSE 1997 Pay Scale Employees
- CPSE Jan 2024 DA: 215.4% DA Increase to CPSE 2007 Pay Scale Employees
- CPSE Jan 2024 DA: 43.7% Increase to CPSE 2017 Pay Scale Employees
- DA Increase to CPSE 1987 and 1992 IDA Pay Scale Employees from Jan 2024
- Great News for Bank Employees! DA Hiked by 4.27% from Nov 2023 – IBA Circular Issued!
- Tamil Nadu Govt Announces DA Hike by 4% for Govt Employees, Teachers and Pensioners
Leave a Reply