Tuesday 19th October 2021

The federation of Maharatna & Oil (CPSEs) staged dharna to protest.

Sep 16th, 2017 4:26 pm | By | Category: LATEST NEWS

PSU

THE NEWSMAN OF INDIA.COM
The officers of Maharatna & Oil Central Public Sector Enterprises (CPSEs) e.g. ONGC, IOCL, GAIL, NTPC, SAIL, BHEL, CIL, HPCL, BPCL, NRL, CPCL, etc. staged a Dharna recently at Jantar Mantar to protest against the apathy of the Government while finalizing implementation of the 3rd Pay Revision for CPSE executives due wef 01/1/2017.Like for Central Government employees, Pay revision in CPSEs is done after 10 years, based on the recommendations of a Pay Revision Committee(PRC). The Government of India, accordingly, had formed 3rd Pay Revision Committee (3rd PRC) under chairmanship of Retd. Justice Satish Chandra on 09.06.2016. The committee undertook comprehensive consultation process with all stakeholders, including the representatives of the Officers’ Associations, and submitted its recommendations. The report was way short of expectations of the officers of CPSEs,forcing us to submit representations to the Prime Minister, the Cabinet Secretary, the Secretary DPE etc. for improvements in the recommendations of 3rd PRC.However, rather than bringing improvements, the Committee of Secretaries (COS) dealt severe blow to the expectations by recommending unjustified and unreasonable curtailment.

The association again submitted it’s representations to Prime Minister and met several Cabinet Ministers / Cabinet Secretary & Secretary DPE to submit it’s representation, however, without even deliberating on it’s demands, the recommendations of the COS have been accepted by the Govt. of India. It is felt that the issues have not been brought out before the Prime Minister in right perspective.

it’s subsequent representations to the Prime Minister and a prayer for a personal hearing has also not yielded any result. Under the circumstances, the officers have no choice but to go for agitation. their demands (curtailed by COS from recommendations of 3rd PRC) are-
i) Funding of enhanced part of Gratuity beyond the specified limit of retiral benefits
ii) Linkage of Cafeteria Allowance with applicable DA, in line with Central Govt. Employees.
iii) Corpus of 3% of PBT for Post Retiral Medical Facility for all employees.
iv) Implementation of hardship and location based allowances without dilution.
Removal of following 2 clauses of the Pay revision are vehemently pressed for-
i) Affordability of the CPSE as precondition for implementation of 3rd PRC & its review after every 3 years and
ii) Inclusion of house perks tax in Caferia
The burden on public exchequer out of the above is NIL, since only performing PSUs would meet it from their profits. The above issues are critical to maintaining exemplary performance
levels in these Companies and also for retention of top talents, which is so very crucial for future growth of these companies.

Government News

Comments are closed.