Pay Fixation for Board Level Executives of CPSEs - DPE Orders
Finalization
of terms and conditions including pay fixation in respect of Board
Level Executives of CPSEs, revised procedure thereof.
F.No.2(34)/12-DPE-(WE)-GL-XX/12
Government of India
Ministry of Heavy Industries and Public Enterprises
Department of Public Enterprises
Public Enterprises Bhawan
Block No.14, CGO Complex, Lodi Road,
New Dlehi, the 14th December, 2012
OFFICE MEMORANDUM
Sub : Finalization
of terms and conditions including pay fixation in respect of Board
Level Executives of CPSEs, revised procedure thereof.
The
undersigned is directed to state that at present the terms and
conditions, including pay fixation, of Board level executives of CPSEs
are finalized after vetting by DPE. In this regard para '15' of DPE O.M.
dated 25.6.1999 (Annex-I) for 1997 pay revision and para '2' of DPE
O.M. dated 30.12.2009 (Annex-II) standard terms and conditions for 2007
pay revision may be referred to.
As per present
procedure, the concerned Ministries/Departments propose the terms and
conditions, including pay, to be fixed for the Board level executives of
the CPSEs under their administrative contrl, with the approval of their
Integrated Finance Wing (IFW), and refer the proposal to DPE. DPE while
vetting the proposal ensures that it is as per the extant policy being
followed uni formally in all CPSEs. Although the guidelines of DPE
regarding terms and conditions, including pay fixation, have been
simplified and are available on DPE website, it is noticed that the
entire process takes considerable time in finalization. In order to
reduce the time taken in issuing terms and conditions of Board level
executives of CPSEs, the present procedure has been reviewed, and after
due consideration a need is felt to revise it
Source:www.dpe.nic.in
[http://www.dpe.nic.in/sites/upload_files/dpe/files/finalization_17022012.pdf]
