Payment of DA at 46% to CPSE Employees from July 2023
DA payable to the CDA pattern employees of CPSEs drawing pay in 7th CPC pay scale employees may be enhanced from the existing rate of 42% to 46% with effect from 01.07.2023 – Finmin Order Dated 26.10.2023
F. No. W-02/0038/2017-DPE (WC)-GL-XXII/2023
Government of India
Ministry of Finance
Department of Public Enterprises
Public Enterprises Bhawan,
Block 14, CGO Complex, Lodi Road,
Date: the 26th October, 2023
Subject: – Payment of DA to the CDA pattern employees of CPSEs, drawing pays in 7th CPC pay scales.
The undersigned is directed to refer to Para No. 3 and Annexure-41(a) and 11(b) to this Department’s O.M. No. W-02/0058/2016-DPE(WC) dated 17.08.2017 wherein the rates of DA payable to the employees who are following CDA pattern pay scales have been indicated.
2. The DA payable to the employees may be enhanced from the existing rate of 42% to 46% with effect from 01.07.2023.
3. The payment of Dearness Allowance involving fractions of 50 paise and above may be rounded off to the next higher rupee and the fractions of less than 50 paise may be ignored.
4. These rates are applicable in the case of CDA employees whose pay have been revised with effect from 01.01.2016 as per DPE’s O.M. dated 17.08.2017.
5. All administrative Ministries/Departments of Government of India are requested to bring this to the notice of Central Public Sector Enterprises under their administrative control for action at their end.
This issues approval of Competent Authority.