Review of profitability Case of Central Public Sector Enterprises (CPSEs)

Review of profitability Case of Central Public Sector Enterprises (CPSEs)

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

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.

Also Read: Performance Related Pay in CPSE – DPE Order issued on 01-07-2020

The undersigned is directed to refer DPE’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 “Subsequent 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.”

2. Further, as per para 18 of the said DPE OM dated 03.08.2017 “Presidential directives would be issued by the administrative Ministry concerned based on the result of review which is to be done after every 3 years”

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 DPE’s OM dated 03.08.2017.

(Naresh Kumar)
Under Secretary

Read Also:

• 5th CPC DA from Jan 2022 at 431% for CDA pattern employees of CPSEs May 9, 2022Read more…
• 203% DA to CPSE Employees CDA Pattern from 1.1.2022 as per 6th CPC Pay Scales May 2, 2022Read more…
• 34% DA to CPSE Employees CDA Pattern from 1.1.2022 as per 7th CPC Pay Scales April 15, 2022Read more…
• IDA Rate 185.3% from 01-04-2022 Order issued for CPSE Employees for 2007 Pay Scales April 12, 2022Read more…
• IDA from April 2022 at Revised Rate 30% to CPSE Employees for 2017 Pay Scales April 12, 2022Read more…
• Payment of IDA 29.4% to CPSE Employees wef 01-01-2022 for 2017 Pay Scales January 27, 2022Read more…
• 31% DA to CPSE Employees CDA Pattern wef 1.7.2021 as per 7th CPC Pay Scales November 10, 2021Read more…
• Payment of IDA to CPSE Employees w.e.f 1.7.2021 and 1.10.2021 October 28, 2021Read more…
• 189% DA Revised to CPSE Employees wef 01-07-2021 as per 6th CPC August 26, 2021Read more…
• DA Revised to CPSE Employees wef 01-07-2021 as per 5th CPC August 26, 2021Read more…