PAY REVISION COMMITTEE FOR THE EXECUTIVES OF CPSES CONSTITUTED

News Update – 14

Dear ASTO Members,

PAY REVISION COMMITTEE FOR THE EXECUTIVES OF CPSES CONSTITUTED

The Government has constituted a Pay Revision Committee for the executives and non-unionized supervisors of CPSEs under the Chairmanship of Justice M. J. Rao, Retired Judge, and Supreme Court. Dr. Nitish Sengupta, Economist and former member-secretary, Planning Commission, Shri P. C. Parakh, former Secretary, Department of Coal and Shri R.S.S.L.N.Bhaskarudu, former Managing Director, Maruti Udyog Ltd. and former Chairman, Public Enterprises Selection Board will be the members of the Committee. Secretary, Department of Public Enterprises will be the ex-officio Member and Joint Secretary; Department of Public Enterprises will be Secretary of the Committee.

The Committee will give their recommendations on the matter related to pay revision covering Board level functionaries, below-Board level executives and non-unionized supervisory staff of CPSEs numbering about 3 Lakh. The Committee will make their recommendations within 18 months from the date of constitution.

The Committee will consider the changes that have taken place in the structure of emoluments of employees in CPSEs over the years, and also keeping in view the policy already finalized related to 7th Round of wage negotiation for unionized workmen in CPSEs due from 1.1.2007 onwards. While submitting the final recommendations to the Government, the Committee shall also take into account the Report of the 6th Central Pay Commission.

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