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Central PSU Pay hike
November 21st, 2008 · No Comments
Central PSU Pay hike
Central Public Sector Undertaking, Government of India pay hike notification.
News from the Press Trust of India,
Government release about the salary hike for Central Public Sector Undertakings- PSU’s.
This has come at a time when the mood in the job sector is looking grim.
Know they will get bonanza to officers of PSU’s in India.
The hike percentage will be about 50-300% in pay packaged.
PSU Salary hike will be effective from January 1st, 2007.
According to PTI News
While the nw pay structure would be implementable from 1st Jan., 2007, the new allowances would accrue to employees only after the decision is notified by individual units.
The Cabinet relied on the Committee of Secretaries recommendations to classify PSUs into four categoreis A, B, C and D, instead of five categories - A+, A, B, C and D recommended by the Rao Committee in May.
The chairman of `A’ category PSU will now be eligible for Rs. 80,0000 to 1,25,000 pay scale as against Rs. 18,500 to 23,900 currently.
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