DA from 01 July 2020 @ 159.9% i.r.o. CPSE Board Level & Below Board Level posts IDA Scale w.e.f. 01.01.2007 – Revision of scales of pay w.e.f. 01.01.2007 – Payment of IDA at revised rates-regarding

F.No. W-02/0002/2014-DPE(WC) -GL-XII./2020
Government of India
Ministry of Heavy Industry & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-1 10003
Dated: 17th August 2020

OFFICE MEMORANDUM

Subject:- Board level posts and below Board level posts including Non-unionized supervisors in Central Public Sector Enterprises (CPSEs) – Revision of scales of pay w.e.f. 01.01.2007 – Payment of IDA at revised rates – regarding.

In modification of this Department’s O.M. of even No. dated 03.04.2020. the rate of DA payable to the executives and non-unionized supervisors of CPSES (2007 pay revision) is as follows:-

• Date from which payable: 01.07.2020
• Average AICPI (2001=100) for the quarter March’ 2020- May’ 2020
• March, 2020 – 326
  April, 2020 – 329
  May, 2020 – 330
  Average of the quarter -328.33
• Link Point: 126.33 (as on 01.01.2007)
• Increase over link point: 202 (328.33 minus 126.33)
• DA Rate w.e.f. 01.07.2020: 159.9% [202 : 126.33)x 100]

2. The above rate of DA i.e. 159.9% would be applicable in the case of IDA employees who have been allowed revised pay scales (2007) as per DPE O.Ms. dated 26.11.2008, 09.02.2009 & 02.04.2009.
   
   Also check: Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2020 under X BPS/ Joint Note dated 25.5.2015
   
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.

Also check: Expected DA 2020

Naresh Kumar
Under Secretary

To

All administrative Ministries/ Departments of the Government of India.

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No.CIR/HR&IR/76/D/2020/9018
August 3, 2020

All Members of the Association
(Designated Officers)

Dear Sir/ Madam,

Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2020 under X BPS/ Joint Note dated 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended June 2020 are as follows:-

April 2020 – 7509.72
May 2020 – 7532.55
June 2020 – 7578.20

The average CPI of the above is 7540 and accordingly the number of DA slabs are 775 (7540 – 4440= 3100/4= 775 Slabs) The last quarterly Payment of DA was at 761 Slabs. Hence there is an increase in DA slabs of 14 i.e. 775 Slabs for payment of DA for the quarter August, September & October 2020

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of August, September & October 2020 shall be 77.50 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Also check: Expected DA 2020 for Central Government Employees and Pensioners

Yours faithfully,

S.K. Kakkar
Senior Advisor (HR&IR)

The post Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2020 under X BPS/ Joint Note dated 25.5.2015 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.

Ministry of Finance

Cabinet approves release of an additional instalment of Dearness Allowance and Dearness Relief due from 1.1.2020

7th Pay Commission Dearness Allowance and Dearness Relief Rate = 17% + 4% = 21%

The current rate of 17% of the Basic Pay Scale / Basic Pension will be raised by 4%

13 MAR 2020

Latest News for Central Govt Employees Today

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2020.

There will be an increase of 4 percent over the existing rate of 17 percent of the Basic Pay / Pension, to compensate for price rise.

The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.12,510.04 crore per annum and Rs.14,595.04 crore in Financial Year 2020-21 (for a period of 14 months from January, 2020 to February, 2021). It will benefit about 48.34 lakh Central Government employees and 65.26 lakh pensioners.

The increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.

PIB

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Latest News for Central Govt Employees Today

Good news for central government employees – today’s Union cabinet approves 4 per cent DA raise with effect from 1.1.2020

Today, the central government increased the dearness allowance (DA) and the dearness relief by 4% to 21%, helping 30 lakh central government employees and 50 lakh retired citizens.

“Release of additional installment of DA is an increase of 4 per cent over the existing rate of 17 per cent of the basic pay/pension, to compensate for price rise,” according to an official statement.

Also check: Expected DA 2020

At its meeting today, the Union Cabinet led by Prime Minister Narendra Modi, approved the introduction of an additional installment of Dearness Allowance for Central Government employees and Dearness Relief for pensions with effect from 01.01.2020 reflecting an increase of 4 percent over the current rate of 17 percent of Basic Pay / Pension to account for the price rise.

According to this Central Government DA statement, with this 4 percent Dearness Allowance Hike, total DA has to be paid at a rate of 21 percent from 1 January 2020. Payment of additional DA for January and February 2020 months will be payable as arrears.

The post 7th Pay Commission – Union Cabinet Approved 4 Percent DA hike from Jan 01,2020 for central government employees appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.