Central Public Sector Enterprises – CG Staff News https://cgstaffnews.in Gazetted Holiday List ✓ Restricted Holiday List ✓ School Holiday List ✓ Election Holidy List ✓ Court Holiday List Thu, 04 Jul 2019 10:04:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://cgstaffnews.in/wp-content/uploads/2020/08/cropped-cgstaffnews-logo-32x32.jpg Central Public Sector Enterprises – CG Staff News https://cgstaffnews.in 32 32 11,30,840 Permanent Employees in PSUs https://cgstaffnews.in/1130840-permanent-employees-in-psus/ https://cgstaffnews.in/1130840-permanent-employees-in-psus/#respond Wed, 25 Jul 2018 15:22:57 +0000 http://www.cgstaffnews.in/?p=13660 Read more]]> More than 11 Lakh Permanent Employees in Central Public Sector Enterprises as on 31.03.2017

Ministry of Labour & Employment

11,30,840 Permanent employees in PSUs

As per Public Enterprises Survey 2016-17 laid in Parliament on 13.03.2018, the total number of permanent employees employed in Central Public Sector Enterprises as on 31.03.2017 are 11,30,840 of which Managerial/Executives are 2,65,486. The total number of contract workers engaged by CPSE as on 31.03.2017 stood at 3,38,521.

This information was given by Shri Santosh Kumar Gangwar, Union Minister of State (I/C) for Labour and Employment in written reply to a question in Rajya Sabha today.

Sanctioned strength and Employees in position in Central Government as on 01.03.2016

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Creamy Layer Income Criteria for CPSE and PS Bank Employees https://cgstaffnews.in/creamy-layer-income-criteria-for-cpse-and-ps-bank-employees/ https://cgstaffnews.in/creamy-layer-income-criteria-for-cpse-and-ps-bank-employees/#respond Mon, 18 Jun 2018 13:37:41 +0000 http://www.cgstaffnews.in/?p=13288 Read more]]> Creamy Layer Income Criteria for CPSE and PS Bank Employees

Reservation for candidates from Other Backward Classes – Revision of Income Criteria and determining equivalence of posts in Central Public Sector Enterprises (CPSEs), Public Sector Banks, Public Financial Institutions, etc. with Posts in Government for establishing Creamy Layer criteria

F.No.36033/2/2018-Estt.(Res.)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Personnel and Training
Establishment (Reservation-I) Section

North Block, New Delhi
Dated June 8, 2018

To

The Chief Secretaries of all States / Union Territories

Subject:- Reservation for candidates from Other Backward Classes – Revision of Income Criteria and determining equivalence of posts in Central Public Sector Enterprises (CPSEs), Public Sector Banks, Public Financial Institutions, etc. with Posts in Government for establishing Creamy Layer criteria – regarding

Madam/ Sir,

I am directed to invite attention to this Department’s Office Memorandum No. 36012/22/93-Estt,(SCT) dated 08.09.1993 which, inter-alia provided that sons and daughters of persons having gross annual income of Rs.1 lakh or above for a period of three consecutive years would fall within the ‘creamy layer’ and would not be entitled to get the benefit of reservation available to the Other Backward Classes.

2. The aforesaid limit of income for determining the creamy layer status was subsequently raised to Rs. 2.5 lakh, Rs. 4.5 lakh Rs. 6 lakh and Rs. 8 lakh vide this Department’s O.M. No. 36033/3/2004-Estt.(Res.) dated 09.03.2004, O.M. No.36033/3/2004-Estt. (Res) dated 14.10.2008, O.M. No. 36033/1/2013-Estt.(Res.) dated 27.05.2013 and CM. No. 36033/1/2013-Estt. (Res) dated 13.09.2017, respectively.

3. This Department is in receipt of references seeking clarification on the status of equivalence and revision of income criteria, in Central Public Sector Enterprises (CPSEs) and Financial Institutions with posts in Government. In this regard, copies of the following Office Memorandums issued by Department of Public Enterprises, Department of Financial Services and this Department are enclosed for ready reference:

i) O.M. No. 36033/1/2013-Estt.(Res.) dated 13.09.2017 of this Department regarding revision of income criteria;

ii) O.M. No. DPE-GM-/0020/2014-GM-FTS-1740 dated 25.10.2017 of the Department of Public Enterprises on establishing equivalence of posts in Central Public Sector Enterprises (CPSEs) with Posts in Government for establishing Creamy Layer criteria; and

iii) O.M. No. 19/4/2017-Welfare dated 06.12.2017 of the Department of Financial Services on establishing equivalence of posts in respect of Public Sector Banks, Public Financial Institutions, Public Sector Insurance Companies.

4. It is requested to please bring the contents of the above mentioned O.M.s/ instructions to the notice of all concerned for information / compliance.

Yours faithfully,
sd/-
(Raju Saraswat)
Under Secretary to the Government of India

View order

Authority: https://dopt.gov.in/

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8th Round of Wage Negotiations for workmen in Central Public Sector Enterprises https://cgstaffnews.in/8th-round-of-wage-negotiations-for-workmen-in-central-public-sector-enterprises/ https://cgstaffnews.in/8th-round-of-wage-negotiations-for-workmen-in-central-public-sector-enterprises/#respond Thu, 23 Nov 2017 07:56:27 +0000 http://www.cgstaffnews.in/?p=11514 Read more]]> Cabinet approves Wage Policy for the 8th Round of Wage Negotiations for workmen in Central Public Sector Enterprises

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Wage Policy for the 8th Round of Wage Negotiations for workmen in Central Public Sector Enterprises (CPSEs).

Highlights:

i. Management of the CPSEs would be free to negotiate wage revision for workmen where the periodicity of wage settlement of five years or ten years has expired generally on 31.12.2016 keeping in view the affordability and financial sustainability of such wage revision for the CPSEs concerned.

ii. No budgetary support for any wage increase shall be provided by the Government. The entire financial implication would be borne by the respective CPSEs from their internal resources.

iii. In those CPSEs for which the Government has approved restructuring/ revival plan, the wage revision will be done as per the provisions of the approved restructuring / revival plan only.

iv. The management of the concerned CPSEs have to ensure that negotiated scales of pay do not exceed the existing scales of pay of executives/officers and non-unionized supervisors of respective CPSEs.

v. The Management of CPSEs where the five year periodicity is followed have to ensure that negotiated scales of pay for two successive wages negotiations do not exceed the existing scales of pay of executives/officers and non-unionized supervisors of respective CPSEs for whom ten years periodicity is being followed.

vi. To avoid conflict of pay scales of executives/non-unionised supervisors with that of their workmen, CPSEs may consider adoption of graded DA neutralization and/or graded fitment during the wage negotiations.

vii. CPSEs must ensure that any increase in wages after negotiations does not result in increase in administered prices of their goods and services.

viii. The wage revision shall be subject to the condition that there shall be no increase in labour cost per physical unit of output. In exceptional cases where CPSEs are already working at optimum capacity, the administrative Ministry / Department may consult DPE considering industry norms.

ix. The validity period of wage settlement would be for a minimum period of five years for those who opted for a five year periodicity and for a maximum period of ten years for those who have opted for a ten year periodicity of wage negotiation w.e.f. 01.01.2017.

x. The CPSEs would implement negotiated wages after confirming with their Administrative Ministry/Department that the wage settlement is in conformity with approved parameters.

Background: There are about 12.34 lakh employees in 320 CPSEs in the country. Out of these, about 2.99 lakh employees are Board level and below Board level executives and non-unionized Supervisors. The remaining about 9.35 lakh employees belong to the unionized workmen category. Wage revision in respect of unionized workmen is decided by trade unions and managements of CPSEs in terms of guidelines issued by the Department of Public Enterprises (DPE) for wage negotiations.

Source: PIB

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Cabinet approves the Proposal for Amendment to the Resolutions dated 03rd March 1987 of the Public Enterprises Selection Board (PESB) https://cgstaffnews.in/cabinet-approves-the-proposal-for-amendment-to-the-resolutions-dated-03rd-march-1987-of-the-public-enterprises-selection-board-pesb/ https://cgstaffnews.in/cabinet-approves-the-proposal-for-amendment-to-the-resolutions-dated-03rd-march-1987-of-the-public-enterprises-selection-board-pesb/#respond Wed, 01 Jun 2016 16:07:55 +0000 http://www.cgstaffnews.in/?p=6340 Read more]]> Cabinet approves the Proposal for Amendment to the Resolutions dated 03rd March 1987 of the Public Enterprises Selection Board (PESB)

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its ex-post facto approval to the proposal for Amendment to the Resolutions dated 3rd March 1987 of the Public Enterprises Selection Board (PESB). The proposed amendments are as under:

(a) selection of candidates from State Public Enterprises and Private Sector as non-internal candidates for a period of five years for appointment in Central Public Sector Enterprises (CPSEs);

(b) holding of office by the Chairperson and Members of the Public Enterprises Selection Board (PESB) for a period of 3 years from assumption of charge or until attaining the age of 65 years or until further orders whichever is earlier;

Background

To broadbase the catchment for senior positions in Central Public Sector Enterprises (CPSEs), the policy of allowing candidates from State Public Sector Enterprises (SPSEs) and Private Sector has been in place. This is proposed to be further extended for another five years with other requisite changes for effective discharge of Public Enterprises Selection Board (PESB) functions.

The amendment will continue to provide a wider pool of professionals for selection by impact allowing the candidates from State Public Sector Enterprises (SPSEs) and private Sector to be considered for senior positions in the Central Public Sector Enterprises (CPSEs).

Central Public Sector Enterprises (CPSEs) would also benefit by the skill-sets and domain expertise of those coming from the State Public Sector Enterprises (SPSEs) as well the private sector. It would also ensure that the Central PSE senior management gets the benefit of the perspective gained both within and outside.

Source : PIB

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Voluntary Retirement Scheme in Central Public Sector Enterprises https://cgstaffnews.in/voluntary-retirement-scheme-in-central-public-sector-enterprises/ https://cgstaffnews.in/voluntary-retirement-scheme-in-central-public-sector-enterprises/#comments Mon, 18 Aug 2014 17:42:57 +0000 http://www.cgstaffnews.in/?p=366 Read more]]> Voluntary Retirement Scheme in  Central Public Sector Enterprises

VRS FOR SICK CPSES EMPLOYEES

While answering to a question in Parliament, Minister of State for Heavy Industries and Public Enterprises Shri.P.Radhakrishnan said, the revised Voluntary Retirement Scheme (VRS) in Central Public Sector Enterprises (CPSEs) was introduced by the Government in May, 2000. The salient features of the revised VRS Policy are as under:

VRS in CPSEs that can sustain a VRS with their own Surplus Resources.

Enterprises, which are financially sound and can sustain VRS on their own, can frame their own schemes of VRS and make it attractive enough for employees to opt for it. They may offer as compensation upto 60 days salary (only Basic Pay + DA) for every completed year of service. However, such compensation will not exceed the salary for the balance period of service left.

VRS in Marginally Profit or loss Making and Sick and Unviable CPSEs

Marginally profit /loss making CPSEs as well as sick and unviable units may adopt either

(i) the Gujarat Model, under which the compensation is computed by allowing 35 days salary for every completed year of service and 25 days for each year of the balance service left until superannuating, subject to the condition that the compensation shall not exceed the sum of salary for the balance period left for superannuation

(ii) or the VRS package of Department of Heavy Industry (DHI model), under which ex-gratia payment equivalent to 45 days emoluments ( Pay + DA) for each completed year of service or the total emoluments for the balance period of service, whichever is less, is applicable.

The employees who have completed not less than 30 years of service will be eligible for a maximum of 60(sixty) months salary/ wage as compensation and this will be subject to an amount not exceeding the salary/wage for the balance period of service left.

Implementation of the VRS Scheme in different categories of CPSEs, including unviable or sick units of Central Public Sector Enterprises (CPSEs), as per the provisions of revised VRS Scheme, is monitored by the administrative Ministries / Departments concerned. Presently, there is no proposal to implement Voluntary Retirement Scheme (VRS) to the employees of units of HMT Group of Companies located in Hyderabad.

Department of Public Enterprises is implementing Counselling, Retraining & Redeployment (CRR) Scheme to provide opportunities of redeployment through counselling and retraining to separated employees of CPSEs rendered surplus as a result of modernization, technology upgradation and manpower restructuring in CPSEs. The basic aim of the Scheme is to re-orient VRS optees through short duration training programmes to enable them to adjust to theirnew environment and adopt new vocations after their separation from CPSEs due to VRS/VSS or retrenchment due to closure / restructuring of the enterprise. The objective is to equip them with skill/expertise enabling them to be deployed in self-employment activities mainly.

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