Pay revision committee for PSU executives constituted

New Delhi, Nov 30 (UNI) The government today constituted a pay revision committee for the executives and non-unionised supervisors of central public sector enterprises (CPSEs) under the Chairmanship of retired Supreme Court judge M J Rao.

The committee will make its recommendations within 18 months, official sources said.

While submitting the final recommendations to the government, the committee is to take into account the Report of the sixth Central Pay Commission.

Dr Nitish Sengupta, Economist and former member-secretary, Planning Commission, Mr P C Parakh, former Secretary, Department of Coal, and Mr R S S L N Bhaskarudu, former Managing Director, Maruti Udyog Ltd. and former Chairman, Public Enterprises Selection Board, will be the members of the Committee.

The Secretary, Department of Public Enterprises will be the ex-officio Member and the Joint Secretary, Department of Public Enterprises will be Secretary of the Committee.

The committee will give its recommendations on the matter related to pay revision covering Board-level functionaries, below-Board level executives and non-unionised supervisory staff of CPSEs numbering about 300,000.

It will consider the changes that have taken place in the structure of emoluments of employees in CPSEs over the years, and also keeping in view the policy already finalised related to 7th Round of wage negotiation for unionised workmen in CPSEs due from January 1, 2007.

UNI YJ PK HT2102