CPSU

Latest News and updates on 7th Pay Commission for CPSU Central Public Sector Undertakings. Latest news on recommendations of 3rd PRC Par Revision Committee.

Pay revision for CPSU employees: 3rd PRC is likely to submit recommendations in December

3rd Pay Revision Committee (3rd PRC) was constituted by DPE in June 2016 for pay revision of CPSE Employees.The decision of the Government on the recommendations of the Committee will

12 lakh CPSE staff to get Rs 20,000 cr windfall wages in 2017-18

In a move that could boost consumption and stimulate the economy, central public sector enterprises (CPSEs) are likely to pay out an additional R20,000 crore in 2017-18 as recompense to 12 lakh employees. This would be the second time in two years that government employees are getting pay hikes; central government staff got hefty pay hikes last year following the implementation of the 7th Pay Commission’s recommendations.

Pay Protection for CPSE Employees recommended by 3rd PRC

Pay Protection for CPSE Employees recommended by 3rd Pay Revision Committee

Acknowledging that a principled norm of pay-protection would be in order to be followed in cases of promotion from one level to next level, or upon selection of a CPSE executive to a Board level position, if the pay computed for fixation in the next level does not fit within the pay-scale of the Grade in which the incumbent is placed, then the same is to be regulated as below:-

Cut-Off age to Borad level appointment in Central Public Sector Enterprises (CPSEs)

Cut-Off age to Board level appointment in Central Public Sector Enterprises (CPSEs)

Department of Public Enterprises OM F.No.18(2)/2017-MGMT dated 23.02.2017

F.No.18(2)/2017-MGMT

Government of India

Ministry of Heavy Industrial and Public Enterprises

Department of Public Enterprises

Public Enterprises Bhavan,

Block No.14, CGO Complex,

3rd Pay Revision Committee Report for CPSE (Central Public Sector Enterprise) Employees

Central Public Sector Enterprises (CPSEs) – 3rd Pay Revision Committee Report

3RD PAY REVISION COMMITTEE

The Government of India appointed the 3rd Pay Revision Committee on 9.6.2016 and the committee was assigned the time-frame to submit its recommendation within a period of six months from the date of its constitution.

Now 3rd Pay Revision Committee Report headed by Justice Dr. Satish Chandra has been submitted to Govt

The resolution in this regard passed by Govt is as follows

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