Last year Government has approved the pay revision for all central government employees which was applicable from 01.01.2016. However, the PSU pay revision implements after one year of central pay commission. The Central Public Sector Employees are waiting for the 3rd PRC report for the same is already out and Committee of Secretary & Cabinet had already approved the 3rd PRC recommendation with some modifications.
Best PSU for Engineers & freshers to join in 2017
PSU recruitment & revised Pay scales
After the implementation of 2nd Pay revision committee report for PSU in India, the total salary of executives of Public sector employees got increased tremendously. And 3rd PRC is also going to implement very soon, which may further increase the salary of PSU employees by around 15%. The Government Jobs in PSUs for engineers are not less attractive than a private multinational company’s job.
3rd PRC Pay Scales and proposed fitment benefit for Executives of PSUs
The Government of India Constituted the 3rd Pay Revision Committee for the revision of pay scales, perks, allowances and other benefits available to Public Sector Undertaking Employees. The committee has to submit the report to Government within a period of six months from the date of formation.
3rd PRC Estimated Pay Scales for the CPSEs employees 2017
The government of India had implemented 2nd PRC report on 26 November 2008 which was applicable from 01.01.2007. The term of 2nd PRC is going to end on 31.12.2016. The employees of Central Public sector employees are waiting for their next pay revision which will come into force from 01.01.2017. The government of India already announced the formation of Committee for next pay revision in PSUs. The committee is headed by Justice Satish Chandra (Retired) & It has to submit the report to Government within a period of six months from the date of constitution of the committee.
2nd Pay Revision Committee Benefits for executives of CPSEs
As per Government resolution number No.2(10)/06/DPE-WC dated 30 Nov 2006 Government of India constituted a 2nd Pay revision Committee under the chairmanship of Retired Judge Supreme Court Of India Mr. Justice M. J. Rao. The committee had to devise the new structure of pay, allowances, perquisites, and benefits for the Board level & Below Board level executives and Non-unionised supervisory staff of Central Government Public Sector Enterprises (CPSEs). It had the tenure of 18 months.
Interview Tips for Engineering Students Appearing For Their First Campus Placement
Every engineering student has one dream the moment they step into the campus – getting placed in one of the top companies during the placements. That dream gets shaped over four years in college and it all comes down to this big event. If campus placements can be described as dreams, then interviews can be associated with nightmares. This article is going to help students get over their fear of interviews and also act as a guide.