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English Release 5-March 2015
Date Month Year
  • President's Secretariat
  • Writers/Artists in Residence Programme 2015 to be held in Rashtrapati Bhavan from MARCH 7 – 21, 2015

  • Closure of Mughal Gardens on account of Holi
  • President’s Holi greetings
  • Vice President's Secretariat
  • Vice President greets citizens on Holi
  • Prime Minister's Office
  • Leander Paes and Martina Hingis call on PM
  • PM's remarks on the occasion of dedication to the nation of Stage 1 of Shree Singaji Thermal Power Plant at Khandwa
  • PM greets the people on the festival of Holi
  • Department of Space
  • Launch of PSLV-C27 with IRNSS-1D postponed
  • Election Commission
  • Biennial Election to Elect 5 Members to the Andhra Pradesh Legislative Council by the Members of the Legislative Assembly
  • Min of Agriculture
  • Sowing Area Under Rabi Rice and Summer Pulses And Oilseeds
  • Min of Chemicals and Fertilizers
  • Sh. Hansraj Gangaram Ahir, Union Minister of State for Chemicals and Fertilizers meets Sh. Radha Mohan Singh, Union Minister for Agriculture to discuss imbalanced use of Urea by Fertilizers
  • Min of Comm. & Information Technology
  • The Auction of Spectrum in 2015 in 2100 MHz, 1800 MHz, 900 MHz And 800 MHz Bands Continue
  • The Auction of Spectrum in 2015 in 2100 MHz, 1800 MHz, 900 MHz and 800 MHz Bands Continues
  • Min of Consumer Affairs, Food & Public Distribution
  • There will be no cut in the coverage of National Food Security Act –Shri Ram Vilas Paswan
  • Min of Defence
  • India Reaches out to Nepal to Help Clear Blocked Runway
  • Ministry of Finance
  • Gross Direct Tax Collection during April-February of the Financial Year 2014-15 is up by 10.67 Percent
  • Min of Health and Family Welfare
  • Health Secretary launches Public Service Advertisement and Poster on Tobacco Control featuring Shri Rahul Dravid
  • Health Ministry to celebrate International Women’s Day as ‘Safe Motherhood Day’: Shri J P Nadda
  • Min of Home Affairs
  • Shri Amarnathji Yatra from 2nd July to 29th August, 2015
  • Min of Human Resource Development
  • Swachh Vidyalaya Abhiyan
  • History of North East in NCERT Curriculum
  • Education to Minorities
  • Min of Law & Justice
  • Press Communique on Appointment of a Judge of the J&K High Court
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 58.51 per bbl on 04.03.2015
  • Min of Science & Technology
  • Signing of MOA Between NRDC and CCRAS
  • Min of Women and Child Development
  • Railways to implement SOPs for restoration/rehabilitation of helpless children in contact with Railways

Previous Date

Ministry of Heavy Industries & Public Enterprises30-May, 2008 20:5 IST
Second Pay Revision Committee for CPSEs submits report to government
The Second Pay Revision Committee Report for the Executives of Central Public Sector Enterprises (CPSEs) was presented here today by the Chairman of the Committee Justice M. Jagannadha Rao, Retired Judge of Supreme Court to Shri Sontosh Mohan Dev, Union Minister for Heavy Industries and Public Enterprises. The Committee was constituted by the Government in November 2006. The Committee discussed various issues with a number of CPSEs, Officers’ Associations, Public representatives, SCOPE, Sixth Central Pay Commission, PESB, selected private sectors and other stake holders.

The highlights of the recommendations of the Committee are as follows :

The effective date of pay revision will be 1.1.2007. The CPSEs have been classified into five categories and the classification is based on the turnover, size of manpower and geographical spread of the CPSE. There will be five sets of pay scales based on categorization of CPSEs. There will be two components of pay i.e. Basic Pay and Risk Pay. Risk Pay is in addition to Basic Pay which depends on the categorization, profitability of the Company and the level of the executive.

Fixed Pay for CMDs and Directors has been recommended. CMDs Basic Pay ranges from Rs. 55,000 to Rs.1,00,000 depending upon the category. Directors basic pay ranges from Rs. 50,000 to 80,000 depending upon the category.

Basic Pay of below board level executives ranges from a minimum of Rs. 11,500 to Rs.70,000 at maximum level. Risk Pay will be in addition to the Basic Pay. Risk Pay ranges from Rs. 1100 to Rs. 25,000 p.m.

CPSEs will follow IDA. HRA will be at the rates of 30 per cent, 20 per cent and 10 per cent of the Basic Pay depending upon the classification of the cities/towns based on population.

A new scale Rs.65,000-75,000 at below Board level has also been suggested.

There is no change in retirement age and CCA has been dispensed with. Retirement benefits to be 30 per cent of the Basic Pay., which includes CPF, Pension, Gratuity and post retirement medical benefits.

Revision of the scales of pay and other benefits of non-unionized supervisors to be decided by the Board of Directors of concerned CPSE. *

* The Report is available on DPE’s website : www.dpe.nic.in

(Release ID :39306)

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