Pay revision of Executives and Non-Unionised Supervisors of CPSEs w.e.f. 01.01.2017- Review of the Profitability

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Pay revision of Executives and Non-Unionised Supervisors of CPSEs w.e.f. 01.01.2017- Review of the Profitability

DPE Order for Review of Profitability for the Executives and Non-Unionised Supervisors of CPSE – Pay Revision w.e.f. 01.01.2017

No. W-02/0039/2017-DPE (WC)-GL- XV/20
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan,
Block No.14, CGO Complex,
Lodhi Road, New Delhi-110003.

Dated, the 21st August, 2020

OFFICE MEMORANDUM

Subject:- Pay revision of Board level and below Board level Executives and Non-Unionised Supervisors of Central Public sector Enterprises(CPSEs) w.e-f. 01.01.2017- Review of the Profitability- regarding.

The undersigned is directed to refer DPEโ€™s OM No W-02/0028/2017-DPE(WC)- GL-XIII/17 dated 03.08.2017 on the subject cited above. Para 3(iv) of the said OM, inter-alia, stipulates that โ€œSubsequent to implementation of pay revision, the profitability of a CPSE would be reviewed after every 3 years and (b) if the profitability of a CPSE falls in such a way that the earlier pay revision now entails impact of more than 20% of average PBT of last 3 years, then PRP/ allowances will have to be reduced to bring down impact.”

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2. Further, as per para 18 of the said DPE OM dated 03.08.2017 โ€œPresidential directives would be issued by the administrative Ministry concerned based on the result of review which is to be done after every 3 yearsโ€

3. Accordingly, all administrative Ministries/ Department are requested to take necessary action to review the profitability of CPSEs under their administrative control in the light of provisions Stipulated in the above mentioned DPEโ€™s OM dated 03.08.2017.

(Naresh Kumar)
Under Secretary

To

All administrative Ministries/Departments of the Government of India.

Copy also to:

I. The Chief Executives of Central Public Sector Enterprises.
2. The Comptroller & Auditor General of India, 9, Deen Dayal Upadhayay Marg, New Delhi.
3. Financial Advisers in the Administrative Ministries.
4. Department of Expenditure, E-III-A, Branch, North Block, New Del
o. NIC, DPE with the request to upload this OM on the DPE website.

Naresh Kumar)
Under Secretary

pay-revision-of-executives-and-non-unionised-supervisors-of-cpses-w-e-f-01-01-2017-review-of-the-profitability

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