Govt OKs further pay hike for PSU officers
Agencies
Posted: Monday, Mar 30, 2009 at 1319 hrs IST
Updated: Monday, Mar 30, 2009 at 1319 hrs IST
New Delhi: About four lakh officers of central public sector enterprises will benefit from a government decision giving them a further increase in salary and allowances, over and above the hikes announced last year.
The decision to improve the salary structure of officers at board level and below, along with supervisory staff, was taken at the Cabinet meeting presided over by Prime Minister Manmohan Singh.
The improved pay packages will also include increase in house rent allowance and retirement benefits.
The decisions are based on the recommendations of the committee of ministers headed by Home Minister P Chidambaram, which went into the revised salary and allowances notified earlier in November last year by the government.
PSU officers, particularly in the oil sector, forced the government to revisit their revised pay scales when they went on strike in January this year.
Briefing reporters after the Cabinet meeting, Chidambaram said the revision in the pay structure would vary from company to company.
Comments
» game of fooling new entrants
Posted by vmurthy on 2009-05-18 13:26:45.564191+05:30
This is not acceptable. let us fight
» Cheating With Employees joining after 01.01.2007
Posted by RASHMI RANAJN SAHOO on 2009-04-16 17:22:12.874168+05:30
This is utter non sense that the DPE has not given Fitment benefit for the executives and non unionised supervisors who have joined after 1st Jan 2007.This is not at all justified.It will take around 6 years to catch up the salary of those,Who have have joine on or before 31.12.2006.New Joinees should not accept this Step motherly treatment.And the revision should cater to all section of employees.
» fitment benefit
Posted by rohan on 2009-08-03 21:40:55.338165+05:30
it is highly unacceptable and unjustifiable on part of the dpe not to give fit ment benefit to those who joined after 1-1-2007.why is this step motherly treatment to the new entrants who are putting the same amount of sweet and hardwork in organistaions to achive the objectives.comrades let us unite and fight for this injustice
» R they ppl gonaa take any decision on Fitment Benefit. ??
Posted by Prabs on 2009-06-19 00:27:55.248006+05:30
This is shameful to see that Govt. has approved this Pay Revision without considering the fact that how much gap will be between the salary of a person who have joined before 01.01.2007 and those who have joined aft 2007..!! isnt it funny..?? cn some buddy tell me if i have joined my company in July 2006 as Engineer Trainee and got regular cadre in July 2007, m i eligible to take fitment benefit . . ? ?ur reply and valuable suggestions will serve me to fight for my right..! Thanks..
» A PERSON LEFT WITH 20 YRS CANT KNOW DEMAND OF PERSON OF 20YRS OF AGE
Posted by pavas on 2009-05-02 17:55:11.746724+05:30
it is totaly wrong decision of pay revision committee that they have not given fitment benifit for those executives and non unionized supervisors .while the private comanies are offering out of scope to woo new entrants to their organization.in my view the pay revision committee should comprise young blood so that they can feel the needs of the young mass.otherwise in job advertisement PSUs should not specify SALARY IS DUE REVISION.
» Cheating With Employees joining after 01.01.2007
Posted by Murthy on 2009-04-21 12:41:18.847799+05:30
It is true that govt fooled people who joined after 01-01-2007. Let us form a forum and fight
» psu pay hike - wrong headlines
Posted by abalkiah on 2009-04-01 15:59:12.247982+05:30
For your kind information, this is not "further" pay hike. Justice Rao committee's recommendations were drastically diluted by a handful of bureacrats in the name of Committee of Secretaries at the behest of this useless govt. What this so called group of ministers have recommended is not even at par with the Justice Rao committee recommendations. Therefore, this is not another or further pay hike as the media and the newspapers have hiped on the instructions of the govt.
» We the employees are fooled.
Posted by Yumnam Premabarta on 2009-04-01 01:00:02.396886+05:30
Pay hike! Not at all satisfied. We are all employee minded not emloyer. We the employees should enjoy 95% of the net proffit every month .We the employees,are left blank regarding the net proffit of our company.Though I am working for my employer after hard reading,the employer is enough to enjoy 5% of my hard earnred money. My pay and allowances should be flotting from month to month, depending on the net proffit of my working. Employer is fooling the emploees by giving a lump sum amount without disclosing the net proffit of the company. We are the tax payers,hard workers,well qualified. We must enjoy more than the employers. Who are the employers ? How much are they enjoying in a month ? it is confusing in India,
» Anouncement of other parts of salaries
Posted by vks on 2009-03-31 11:50:59.911941+05:30
Need early announcement of improved other part of salary i.e. Perk, trsport allaowance, children education, risk pay etc. as given by 6th pay commission to Central Govt. Employees.
» Pay hike for PSU officers
Posted by Aravind on 2009-03-31 10:47:43.198351+05:30
It is no surprise as MMTC and STC are donating to Congress Party only. Also there could be donations from certain organizations affeliated to Congress Party. Good vote bank politics and more serous crime, slow poison to the democrfacy's death. Even the US and Europe where economies are down, they are cutting expenses; where are we heading? Even though it could be due, declaring it now definitely amounts to vote bank politics.
» PAY REVISION FOR PSU
Posted by AKS on 2009-03-31 06:51:06.995851+05:30
WHEN WILL THE IMPLEMENTATION WILL TAKE PLACE, GOVT HAS KEPT THE PSU EMPLOYEES WITHOUT THE BENEFITS FOR TOO LONG. TIME FRAME FOR IMPLEMENTATION IS REQUIRED FROM THE GOVT
» Govt O.K. pay revision of PSUs
Posted by Arun Kumar Singh on 2009-03-30 21:53:56.896153+05:30
Happy to know the positive approch by our ho'ble P.M.Now the action taken against the officers of ONGC to be withdrawn.This message to be sent to the board of Directors.
» further pay hike
Posted by sunil kumar panda on 2009-03-30 20:50:42.459825+05:30
a further hike implies better salaries for psu employees for all levels and all the employees will be a better one
» pay commission
Posted by Arun on 2009-03-30 18:52:21.093489+05:30
It is wonderful to see the Pay Revision for the PSU which was awaited from long time . It is very unfortunate that in the 21st century when we all talk about equality of the society, our government is increasing the gap of lower, middle
