scorecardresearch

Dearness Allowance to CPSE employees freezed till June 30, 2021 – Check details

As and when the decision to release the future installment of Dearness Allowance is taken by the Government, the rates will be restored prospectively and will be subsumed in the cumulative revised rate.

Festival advance For employees of Autonomous Bodies
Festival advance For employees of Autonomous Bodies ammounced.

In view of the crisis arising out of COVID-19, it has been decided that additional instalments of Dearness Allowance payable to Employees of Central Public Sector Enterprises (CPSEs) drawing pay as per 2017, 2007, 1997, 1992 and 1987 IDA pay revision guidelines, due from 01.10.2020 shall not be paid. The Department of Public Enterprises (DPE) issued an Office Memorandum dated November 19, 2020 to this effect. The additional instalments of Dearness Allowances due from 01.01.2021 and 01.04.2021, shall also not be paid. However, Dearness Allowance at current rates (effective 01.07.2020) will continue to be paid.

As and when the decision to release the future instalment of Dearness Allowance due from 01.07.2021 is taken by the Government, the rates of Dearness Allowance as effective from 01.10.2020, 01.01.2021 and 01.04.2021 will be restored prospectively and will be subsumed in the cumulative revised rate effective from 01.07.2021. No arrears for the period from 01.10.2020 till 30.06.2021 shall be paid.

The above guidelines shall be applicable in case of Executives and Non-Unionised Supervisors of CPSEs drawing 2017, 2007, 1997, 1992 & 1987 IDA pay scales. The DA rates in case of CPSE employees drawing CDA pay scales has already been frozen on 28.04.2020.

Get live Share Market updates and latest India News and business news on Financial Express. Download Financial Express App for latest business news.

Most Read In Money