Good news for employees! 8.5% increase in DA, will be applicable from October 1, benefits will be available in November salary

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Good news for employees! 8.5% increase in DA, will be applicable from October 1, benefits will be available in November salary
Good news for employees! 8.5% increase in DA, will be applicable from October 1, benefits will be available in November salary

Before the festival, the central government has given a big relief to the employees and pensioners. Under this, the DA of the CPSEs employee has been increased (DA Hike). The Finance Department has issued an order for this.

In fact, in the Central Public Sector Enterprises (CPSEs) including non-federal supervisors, an order was issued regarding the payment of IDA at the revised rates under the revision in the pay scale for the post of board level and below board level on 01.01.1997. Is.

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It is directed to refer to the new DA scheme in Annex-III of DPE’s OM dated 25.06.1999, indicating the rates of DA payable to Board level and below board level officers and non-federal supervisors of CPSEs has given. The rate of DA payable to CPSE officers and non-federal supervisors is 399.5% with effect from 01.10.2022.

Above rates of Dearness Allowance 1.E. 399.5% will be applicable in case of IDA employees. Those who have been allowed the revised pay scale (1997) as per DPE’s office memorandum dated 25.06.1999. All the Administrative Ministries/Departments of the Government of India are requested to bring the aforesaid to the notice of the CPSEs under their administrative control for necessary action on their part.

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