Government constitutes 3rd pay Revision Committee for the executive of CPSUs
The Ministry of Heavy Industry
& Public Enterprises has constituted the 3rd Pay Revision Committee
for the executives of the Central Public Sector Undertakings under the
chairmanship of Justice Satish Chandra (Retd.). The other members of the
committee will be Shri Jugal Mohapatra, Ex-IAS Officer, Prof. Manoj
Panda, Director, Institute for Economic Growth Delhi and Shri Shailendra
Pal Singh, Executive Director (HR), NTPC Ltd. The Secretary Department
of Public Enterprises will be the Ex-Officio Member while the Joint
Secretary/Additional Secretary, DPE will be the member secretary for the
committee.
The last pay revision for the executives of Central Public Sector Undertakings came into effect from 1.1.2007.
The Committee will provide its
recommendations on the matter to the government, covering Board level
functionaries, below–Board level executives and non-unionized
supervisory staff of CPSEs. While submitting the final recommendations
to the government, the Committee shall also take into account the Report
of the 7th Central Pay Commission. The Pay Revision Committee will make
its recommendations within 6 months from the date of its constitution.
The decision of the Government on the recommendations of the Committee
will take effect from 1.1.2017.
PIB
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