The third pay revision committee headed by retired judge Satish Chandra is given six months to submit its report.
The Directors, Executives and other Supervisory staffs of Central Government run companies are gearing up for the pay hike next year. A committee has been appointed to review and revise the structure of salary and emoluments of these employees at central public sector enterprises (CPSEs). The government decision on a recommendation would be in effect from January 1st, 2017.
The committee will take into account the categorisation of CPSEs, their status as Maharatna, Navratna and Miniratna, the condition of companies making a loss or marginal profit, and the nature of the business, according to the terms.
The recommendations will be made to enable CPSEs to become modern, professional, consumer-friendly, commercially successful and competitive entities committed to national development goals and dedicated to service of the people.
The Directors, Executives and other Supervisory staffs of Central Government run companies are gearing up for the pay hike next year. A committee has been appointed to review and revise the structure of salary and emoluments of these employees at central public sector enterprises (CPSEs). The government decision on a recommendation would be in effect from January 1st, 2017.
The committee will take into account the categorisation of CPSEs, their status as Maharatna, Navratna and Miniratna, the condition of companies making a loss or marginal profit, and the nature of the business, according to the terms.
The recommendations will be made to enable CPSEs to become modern, professional, consumer-friendly, commercially successful and competitive entities committed to national development goals and dedicated to service of the people.