Clarification on calculation of ex-gratia for the employees of CPSEs following IDA pattern retired on or after 01.10.2020 and upto 30.6.2021
The Ministry of Finance, Department of Public Enterprises (DPE) in the Government of India has issued a corrigendum regarding the calculation of ex-gratia for employees of Central Public Sector Enterprises (CPSEs) following the Industrial Dearness Allowance (IDA) pattern. The clarification is specifically for employees who retired on or after October 1, 2020, and up to June 30, 2021. The corrigendum states that the period mentioned in the previous Office Memorandum (O.M) should be read as October 1, 2020, and June 30, 2021, instead of January 1, 2020, and June 30, 2021. The corrigendum was issued by Naresh Kumar, an Under Secretary at the DPE.
W-02/0029/2021-DPE (WC)
Government of India
Ministry of Finance
Department of Public Enterprises
Public Enterprises Bhawan,
Block 14, Lodi Road,
New Delhi 110003.
Date: 16.5.2023
CORRIGENDUM
Subject: Clarification on calculation of ex-gratia for the employees of CPSEs following IDA pattern retired on or after 01.10.2020 and upto 30.6.2021 – reg.
Reference DPE’s O.M of even number dated 26.4.2023 on the subject mentioned above. It is stated that the period mentioned in the aforesaid O.M may be read as 01.10.2020 and 30.6.2021 instead of 01.01.2020 and 30.6.2021.
(Naresh Kumar)
Under Secretary