IDA NEWS:
"NCOA is in continuous touch with DPE on this issue.
Yesterday, Secretary General and President of NCOA met Additional Secretary/DPE and discussed this issue. Addl Sec informed that the proposal for restoration of IDA is cleared by Secretary/DPE and send to Cabinet Minister for Finance for approval. It will be approved in a couple of days. After Cabinet reshuffle, Dept of Public Enterprises come under Finance Ministry.
However it seems that bureaucrats have some reservation on disparity of DA freezing period among Govt and CPSEs. The clarity will come within one or two days.
Gangadhara Rao: Govt and Bureaucrats are playing Game to harm us......It's is more than one month delayed. We can expect nothing Best."
The National Confederation of Officers Associations of Central PSUs has given above information. CDA was frozen for 18 months and IDA was frozen for 9 months. But order dated 19.21.20 freezing IDA stated that IDA will be released from 2.7.21 if Govt takes a decision to release CDA.
CDA was frozen for 12 months, from July 2020 to June 2021.
ReplyDeleteI was wrong! CDA was frozen from Jan 2020 onwards. So, 18 months CDA is correct. Sorry!
DeleteCDA for January to June 2020,CDA for July to December 2020 & CDA for January to June 2021 are frozen.
ReplyDeletei.e. 1/20 to 6/20 4% x 6 months= 24%
7/20 to 12/20 7% x 6 months=. 42%
1/21 to. 6/21.11% x 6 months= 66%
Total. 132%
Total 132% of basic is frozen.