Getting a government central or state government Job is tough and quite competitive in India due to the job security & stability it offers to the employees. Very few get the opportunity to work in reputed organizations.
3rd PRC committee headed by Justice Satish Chandra (Retired), had submitted the report to the government. The Government had circulated the report to various departments and ministries for their suggestions on the same. Thereafter Government of India approved the 3rd PRC report and finally, Department of Public Enterprises issues the pay revision order for the Executives of the central public sector enterprises.
Medicine or various sections of health care has been pursued by people from all walks of life as it is a profitable and an essential venture for those looking to be gods or extend their failing health.
Since few years, medicine has been the best deal for people who discovered that prayers and sacrifices did not always hold/give the desired results to people and thus through a form of experiment and trial and error chemistry we now have lifesaving medicines.
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 Executive, Non-Executive and Board level cadre of the Central Public Sector expecting the decent pay hike due to the 3rd PRC implementation from the 01.01.2017.
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.
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.