Department of Public Enterprises (DPE) issued 408.4% IDA order to CPSE employees with effect from 1.1.2023
Industrial Dearness Allowance (IDA) from 1st January 2023 @ 408.4% to CPSEs 1997 Pay Scale – Board level and below Board level posts including Non-unionised supervisors
What is the current DA Rate for CPSE employees?
The current DA rate for CPSE employees with effect from 1st January 2023 is 408.4%.
Government of India
Ministry of Finance
Department of Public Enterprises
Public Enterprises Bhawan
Block 14, CGO Complex,
Lodhi Road, New Delhi-110003
Dated: the 4th January, 2023
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 408.4% from 01.01.2023 to the executives and non-unionized supervisors of CPSEs.
2. The above rates of DA i.e. 408.4% would be applicable in the case of IDA employees who have been allowed revised pay scales (1997) as per OPE 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.