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Skip to mainF.No.W-02/0003/2014-DPE(WC)-GL-XVI/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 7th July, 2023
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 undersigned is directed to refer to Para No.4 of this Department’s O.M. No. 2(50)/86-DPE(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 DA 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).
Date from which payable: 01.07.2023
Average AICPI (1960=100) for the quarter March, 2023 to May, 2023 is 8813. The increase over the link point in percentage [(8313-1099)/1099*100] is 701.9%. DA Rates for various Pay Ranges w.e.f. 01.07.2023
DA Rates for various Pay Ranges:
Basic Pay per Month | DA Rates |
Upto Rs.3500 | 701.9% of pay subject to minimum of Rs.15428/- |
Above Rs.3500 and Upto Rs.6500 | 526.4% of pay subject to minimum of Rs.24567/- |
Above Rs.6500 and Upto Rs.9500 | 421.1% of pay subject to minimum of Rs.34216/- |
(Naresh Kumar)
Under Secretary
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