The Coal India limited is a Maharatna PSU under the Ministry of Coal, established in the November 1975. As per the official website of CIL, the company is supported and maintained by around 18,384 executives and officer whose 3rd pay revision recently published through an office order no. CIL/C5A (PC)/ Pay Revision 2017/2972 on dated 08 August 2018.
The Government of India released the list of Gazetted Holidays to observed in the year 2019 (Two Thousand Nineteen) through the DoPT order number F No. 12/02/2018-JCA-2 on dated 11th July 2018.
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%.
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.
The Department of Public Enterprises has issued office memorandum for the pay revision of Board Level & Below board level executives in the central public sector enterprises on 3 Aug 2017. Thereafter PSUs can implement the 3rd PRC benefit to their executives & non-executives with the approval of the ministry or department. BHEL Board of Directors has recommended the 3rd PRC for their employees and send to the Department of Heavy industries for further approval. Finally, the Department of Heavy Industry has released the pay revision order on 27 Dec 2017.
National thermal power corporation is Asia largest power Generation Company which has an annual turnover of more than 75000 Crore NTPC has an employee base of 22124 which includes the executives and non-executive in the power sector giant.