CPSE

Performance of Central Public Sector Enterprises (CPSEs) during 2015-16

Performance of Central Public Sector Enterprises (CPSEs) during 2015-16

The Public Enterprises Survey (2015-16), brought out by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises, Government of India on the performance of Central Public Sector Enterprises was placed in both the Houses of Parliament on 21st. March, 2017. There were 320 CPSEs in 2015-16, out of which 244 were in operation. Rest (76) of the CPSEs were under construction. The major Highlights of the performance of Central Public Sector Enterprises (CPSE), during 2015-16 are mentioned below:

Performance of Central Public Sector Enterprises (CPSEs) during 2015-16.

2015-16 2014-15
Overall net profit of 244 CPSEs is Rs.1,15,767 crore in 2015-16 Overall net profit of 236 CPSEs is Rs.1,02,866 crore in 2014-15
165 CPSEs posted net profit of Rs.1;44,523 crore in 2015-16 159 CPSEs posted net profit of Rs.1,30,364 crore in 2014-15
78 CPSEs incurred net loss of Rs.28,756 crore in 2015-16 76 CPSEs incurred net loss of Rs.27,498 crore in 2014-15
Total investment in 320 CPSEs stood at Rs. 11,77,844 crore in 2015-16 Total investment in 298 CPSEs stood at Rs. 10,95,554 crore in 2014-15
Dividend paid by CPSEs during 2015-16 is Rs. 70,954 crore Dividend paid by CPSEs during 2014-15 is Rs. 56,527 crore

Highlights

  • Total paid up capital in 320 CPSEs as on 31.3.2016 stood at Rs. 2,28,334 crore as compared to Rs. 2,13,020 crore as on 31.3. 2015 (298 CPSEs), showing a growth of 7.19%.
  • Total investment (equity plus long term loans) in all CPSEs stood at Rs.11,71,844 crore as on 31.3.2016 compared to Rs.10,95,554 crore as on 31.3.2015, recording a growth of 6.96%.
  • Capital Employed (Paid up capital plus reserve & surplus and long term loans) in all CPSEs stood at Rs. 19,68,311 crore on 31.3.2016 compared to Rs. 18, 66,944 crore as on 31.3.2015 showing a growth of 5.43 %.
  • Total turnover/gross revenue from operation of all CPSEs during 2015-16 stood at Rs 18,54,667 crore compared to Rs. 19, 95,176 crore in the previous year showing a reduction in turnover of 7.04 %.
  • Total income of all CPSEs during 2015-16 stood at Rs. 17,64,754 crore compared to Rs. 19, 65,657 crore in 2014-15, showing a reduction in income of 10.22%.
  • Profit of profit making CPSEs stood at Rs. 1,44,523 crore during 2015-16 compared to Rs 1,30,364 crore in 2014-15 showing a growth in profit by 10.86%.
  • Loss of loss incurring CPSEs stood at Rs.28, 756 crore in 2015-16 compared to Rs 27, 498 crore in 2014-15showing an increase in loss by 4.57 %.
  • Overall net profit of all 244 CPSEs during 2015-16 stood at Rs 1,15,767 crore compared to Rs 1,02,866 crore during 2014-15 showing a growth in overall profit of 12.54%.
  • Reserves & Surplus of all CPSEs went up from Rs. 7,71,389 crore in 2014-15 to Rs 7,96,467 cores in 2015-16, showing an increase by 3.25 %.
  • Net worth of all CPSEs went up from Rs 9,84,409 crore in 2014-15 to Rs. 10,20,737 crore in 2015-16 registering a growth of 3.69 %.
  • Contribution of CPSEs to Central Exchequer by way of excise duty, customs duty, corporate tax, interest on Central Government loans, dividend and other duties and taxes increased from Rs 2,00,593 crore in 2014-15 to Rs 2,78,075 crore in 2015-16, showing a growth of 38.63%.
  • Foreign exchange earnings through exports of goods and services decreased from Rs 1,03,071 crore in 2014-15 to Rs 77,216 crore in 2015-16, showing a reduction of 25.08%.
  • Foreign exchange outgo on imports and royalty, know-how, consultancy, interest and other expenditure decreased from Rs.5,44,561 crore in 2014-15 to Rs.3,88,045 crore in 2015-16 showing a reduction of 28.74%.
  • CPSEs employed 12.34 lakh people (excluding contractual workers) in 2015-16 compared to 12.91 lakh in 2014-15, showing a reduction in employees by 4.42%.
  • Salary and wages went up in all CPSEs from Rs.1,26,777 crore in 2014-15 to Rs 1,28,263 crore in 2015-16 showing a growth of 1.17 %.
  • Total Market Capitalization Market Capitalization (M-Cap) of 46 CPSEs traded on stock exchanges of India is Rs. 11,06,766 crore as on 31.03.2016 as compared to Rs. 13,27,393 crore as on 31.03.2015 showing a reduction of 16.62% .
  • M-Cap of CPSEs as per cent of BSE M-Cap decreased from 13.08% as on 31.3.2015 to 11.68% as on 31.3.2016.

PIB

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Superannuation Benefits Schemes for employees of CPSEs – Clarification regarding Technical Formality

Superannuation Benefits Schemes for employees of CPSEs – Clarification regarding Technical Formality

No.W-02/0017/2014-DPE(WC)-GL-IV/17

Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block No.1, CGO Complex, Lodhi Road,
New Delhi, the 1st February, 2017

OFFICE MEMORANDUM

Subject: Superannuation Benefits Schemes for employees of CPSEs – Clarification regarding Technical Formality

The undersigned is directed to refer to this Department’s OM of even number dated 21.05.2014 regarding clarification of Pension and superannuation Medical Benefits Scheme in CPSEs.

2. Para xvi) of the said OM specifies that in cases where a Central Public Sector Enterprises (CPSE) employees has applied for a post in the same or other CPSE through proper channel and on selection to the said post, is required to resign the previous post for administrative reasons. Resignation submitted for other reasons or if competent authority has not allowed him to forward his application through proper channel is a resignation and benefit of past service will not be admissible.

4. The above clarification is only for the purposes of Superannuation Benefits Schemes implemented in CPSEs in light of DPEs OM dated 26.11.2008 and 21.05.2014 and subsequent DPE guidelines on Superannuation Benefits Schemes.

5. All the administrative Ministries/Departments are requested to bring the above to the notice of the CPSEs under their administrative control.

sd/-
(Samsul Haque)
Under Secretary

Authority: http://dpe.gov.in/

Be the first to comment - What do you think?  Posted by admin - March 2, 2017 at 12:48 pm

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CPSEs: Cut-Off age to Borad level appointment in Central Public Sector Enterprises

Cut-Off age to Borad level appointment in Central Public Sector Enterprises (CPSEs)

F.No.18(2)/2017-MGMT
Government of India
Ministry of Heavy Industrial and Public Enterprises
Department of Public Enterprises

Public Enterprises Bhavan,
Block No.14, CGO Complex,
Lodi Road, New Delhi-110003
Dated the 23rd February, 2017

OFFICE MEMORANUDM

Subject: Cut-Off age to Borad level appointment in Central Public Sector Enterprises (CPSEs)

The undersigned is directed to refer to this Department O.M. No.18(6)/98-CG-GL-72 dated 20th October 2005 (copy enclosed) on the subject mentioned above and to state that the residual service would henceforth be reckoned by Public Enterprises Selection Board with reference to the Date of Superannuation of candidates instead of Superannuation age for the purpose of calculating cut-off age for consideration to Board level posts in CPSEs.

2. All administrative Ministries/Departments are requested to take note of the above decision for guidance and necessary action.

sd/-
(B.N.Mishra)
Director

Authority: http://dpe.gov.in/

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Report of 3rd Pay Revision Committee for CPSEs

Report of 3rd Pay Revision Committee for CPSEs

Report of 3rd Pay Revision Committee for Central Public Sector Enterprises Effective from 1st January 2017.

3RD PAY REVISION COMMITTEE

The Government of India appointed the 3rd Pay Revision Committee on 9.6.2016 and the committee was assigned the time-frame to submit its recommendation within a period of six months from the date of its constitution.

The Complete Report of the Committee has been published through official portal of Department of Public Enterprises (dep.gov.in).

For Download or View the Complete Report of 3rd Pay Revision Committee

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3rd pay panel for CPSEs suggests min Rs 30,000 for executives

3rd pay panel for CPSEs suggests min Rs 30,000 for executives

New Delhi: The third pay revision committee for central public sector enterprises has recommended minimum pay of Rs 30,000 per month for executives and a maximum of Rs 3.7 lakh for CMDs.

As per the recommendations, the minimum monthly salary of below Board level executives will increase from Rs 12,600 to Rs 30,000.

However, in case of CMDs, the maximum monthly salary for Schedule A CPSEs will go up from Rs 1.25 lakh to Rs 3.7 lakh.

In case of Schedule B, C and D CPSEs, the maximum monthly salary will be Rs 3.2 lakh, Rs 2.9 lakh and Rs 2.8 lakh, respectively.

The recommendations of the Justice Satish Chandra committee, which are to come into effect from January 1, 2017, will be placed before the Union Cabinet for approval.

Depending upon profits, the PSUs are categorised into different schedules, with highest being Schedule A. There are currently 64 Schedule A, 68 Schedule B, 45 Schedule C and 4 Schedule D CPSEs in the country.

The committee has recommended that the rate of House Rental Allowance (HRA) will be revised to 27 per cent, 18 per cent and 9 per cent when industrial dearness allowance (IDA) crosses 50 per cent, and further revised to 30 per cent, 20 per cent and 10 per cent when IDA crosses 100 per cent.

The panel recommended no change in the IDA pattern and the 100 per cent DA neutralisation shall continue to be applicable.

Revised IDA from January 1, 2017, shall be linked to All India Consumer Price Index (AICPI) (2001=100) series with the base of AICPI as on January 1, 2017 as per the quarterly average of AICPI of September, October and November 2016.

The committee has also suggested that the annual increment be retained at 3 per cent of Basic Pay.

It has further recommended that increment on promotion shall continue to be at par with the annual increment rate (3 per cent of Basic Pay).

The panel has recommended no change in the retirement age for CPSE employees.

Besides, it said that ESOP being a concept beneficial for both CPSEs and its employees, the Department of Public Enterprises (DPE) should elaborate the mechanism in consultation with concerned authorities to enable introduction of ESOP in listed CPSEs with empowerment to the Board or Administrative Ministry to approve the same.

It will be in lieu of part of performance related pay.

Profit making CPSEs, which can bear the cost of VRS with their own surplus resources, are allowed to implement VRS policy by allowing compensation/ex-gratia on the revised pay scales proposed to be effective from January 1, 2017.

The committee has also recommended a modified performance related pay but said that the overall profit distribution should be linked to 5 per cent of the annual profit accruing from core business activity.

PTI

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Arbitrary Rates for Medical Treatment by CGHS empanelled hospitals queried in Lok Sabha

Arbitrary Rates for Medical Treatment by CGHS empanelled hospitals queried in Lok Sabha

GOVERNMENT OF INDIA
MINISTRY OF HEALTH AND FAMILY WELFARE
LOK SABHA
UNSTARRED QUESTION NO 2402
ANSWERED ON 25.07.2014

ARBITRARY RATES FOR MEDICAL TREATMENT

2402 . Dr. VIRENDRA KUMAR
Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:-

(a) whether certain Government hospitals/private CGHS empanelled hospitals across the country including the Institute of Liver and Biliary Sciences in Delhi are reportedly charging arbitrary ratesfor treatment/diagnostic tests from Central Government Employees instead of rates approved by CGHS;

(b) if so, the details thereof and thereasons therefor including action taken against the offenders;

(c) whether the Government has issuedany direction to these hospitals to charge the rates for treatment of diagnostic testsas per CGHS approved rates from CGHS beneficiaries and if so, the details thereof;

(d) the mechanism put in place tomonitor the effective implementation of the directions of the Government in the matter;and

(e) the corrective measures taken/proposed to be taken by the Government in this regard including reimbursement offull expenses incurred on medical treatmentof the CGHS beneficiaries?

ANSWER

THE MINISTER OF HEALTH AND FAMILY WELFARE (DR. HARSH VARDHAN)

(a) & (b): There are certain complaints of overcharging by the CGHS empanelled private hospitals. However it does not include the Institute of Liver and Biliary Sciences in Delhi, which is an autonomous body under State Government of Delhi.

The Complaints received against some Private CGHS empanelled hospitals are as under:

Delhi

1.Kukreja Hospital
2. Indraprastha Apollo Hospital
3. JeewanHopsital& Nursing Home
4. Dr B.L.Kapoor Hospital
5. Yashoda super speciality Hospital
6. Fortis Flt Lt. RajanDhall Hospital
7. Medanta the Mediciti
8. National Heart Institute
9.Saral Advanced Diagnostics Pvt. Ltd.
10.NoidaMedicare centre
11. Max Super speciality Hospital
12. Escort’s Hospital Faridabad
13.Kailash Hospital & Heart Institute
14. Mata Chanan Devi Hospital
15. Dr Lal Path Lab

Excess amount charged has been deducted and paid to the beneficiaries.

Bengaluru:

1. Fortis Hospital , Cunningham Road
2. Fortis Hospital Bennerghatta Road
3. Shankar Eye Hospital
4. Imperial Hospital

Warning letters were issued by Addl. Director, CGHS and the excess amount charged was recovered and paid to the beneficiaries.

Patna

Show Cause Notice was issued to Ruban Memorial Hospital

Jabalpur

1. Jabalpur Hospital & Res.Centre
2. Marble city Hospital & Res. Centre

Warning letters were issued by Addl. Director, CGHS and the excess amount charged was returned to the beneficiaries.

(c): The CGHS empanelled hospitals and diagnostic centres are to charge only the approved package rates and this clause is part of Memorandum of Agreement (MOA) signed between CGHS and CGHS empanelled hospitals and diagnostic centres at the time of empanelment.

(d)& (e): Monitoring is done by the officers of CGHS, including Addl. Director of the concerned city, Joint Director(Grievances), Hospital Cell and Hospital Empanelment Cell.

As and when any instance of excess charging comes to the knowledge of CGHS, the matter is taken up with the concerned hospital / diagnostic centre and Show Cause Notice is issued seeking explanation. In case of unsatisfactory reply or no reply suitable action is taken as per terms and conditions of Memorandum of Agreement signed by the hospitals like forfeiture of performance bank guarantee , recovery of excess amount and in extreme cases removal from CGHS panel.

Source: Lok Sabha

Be the first to comment - What do you think?  Posted by admin - August 23, 2014 at 5:51 pm

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DA from Jan, 2014 to CPSE: Board level posts and below Board level posts including Non-unionised supervisors Revision of scales of pay w.e.f. 01.01.1997

DA from Jan, 2014 to CPSE: Board level posts and below Board level posts including Non-unionised supervisors Revision of scales of pay w.e.f. 01.01.1997

DA from January, 2014: Board level posts and below Board level posts including Non-unionised supervisors in Central Public Sector Enterprises (CPSEs)- Revision of scales of pay w.e.f. 01.01.1997 — Payment of IDA at revised rates regarding

F. No. W-02/0004/2014-DPE (WC) -GL-III/14
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block 14, COO Complex,
Lodi Road, New Delhi-110003
Dated : 7th January, 2014

OFFICE MEMORANDUM

Subject:- Board level posts and below Board level posts including Non-unionised supervisors in Central Public Sector Enterprises (CPSEs)- Revision of scales of pay w.e.f. 01.01.1997 — Payment of IDA at revised rates regarding

*****

In modification of this Department’s O.M. of even No. dated 04.10.2013, the rate of DA payable to the executives of CPSEs (1997 pay revision) may be as follows:

(a) Date from which payable: 01.01.2014
(b) Average AICPI (1960=100) for the quarter Sept.-Nov’ 2013
September, 2013 – 5433
October, 2013 – 5502
November, 2013 – 5546
Average of the quarter – 5494
(c) Link Point 1708 (as on 01.01.1997)
(d) Increase over link point: 3786 (5494-1708)
(e) Revised DA Rate w.e.f. 01.01.2014: 221.7% [(3786+1708)x 100]

2. These rates are applicable in the case of IDA employees, whose pay have been revised with effect from 01.01.1997 as per DPE O.M. dated 25.06.1999.

3. All Administrative Ministries/Departments of the Government of India are requested to bring the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

(Samsul Haque)
Under Secretary

Source: www.dpe.nic.in
[http://dpe.nic.in/sites/upload_files/dpe/files/glch04b148_08012014.pdf]

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DA from Jan 2014 to CPSE: Board level/below Board level executives and non-unionized supervisors of IDA scales of pay on 1987 and 1992 basis

DA from Jan 2014 to CPSE: Board level/below Board level executives and non-unionized supervisors of IDA scales of pay on 1987 and 1992 basis

DA from Jan 2014 to CPSE: Payment of DA to Board level/below Board level executives and non-unionized supervisors following IDA scales of pay in Central Public Sector Enterprises (CPSEs) on 1987 and 1992 basis.

F. No. W-02/0003/2014-DPE (WC)-GL-II/14
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block 14, COO Complex,
Lodi Road, New Delhi-110003
Dated : 7th Janurary, 2014

OFFICE MEMORANDUM

Subject:- Payment of DA to Board level/below Board level executives and non-unionized supervisors following IDA scales of pay in Central Public Sector Enterprises (CPSEs) on 1987 and 1992 basis.

The undersigned is directed to refer to para No. 3 of this Department’s O.M. No. 2(50)186- DPE (WC) dated 19.07.1995 wherein the rates of DA payable to the executives holding Board level post have been indicated. In accordance with the DA scheme spelt out in Armexure-II of the said O.M, the installments of DA become payable from 1st January, 1st April, 1st July, 1st October, every year based on the price increase above quarterly Index average of 1099 (1960=100).

2. In continuation of this Department’s O.M. of even No. dated 04.10.2013, the rates of DA payable to the executives of CPSEs holding Board level post, below Board level post and non-unionised supervisors following IDA pattern of 1992 pay scales may be modified as follows:-

(a)     Date from which payable:     01.01.2014
(b)     AICPI (Linked to 1960=100) for the quarter
September, 2013     5433
October, 2013     5502
November, 2013     5546
Average of the quarter     5494
(c)     Increase over link point :     4395 (5494-1099)
(d)     % increase over link point     399.9% (4395/1099*100)
(e) DA Rates for various Pay Ranges

Basic Pay per Month DA Rates
Upto Rs. 3500 399.9% of pay subject to minimum of Rs. 8790/-
Above Rs 3500 and Upto Rs. 6500 299.9% of pay subject to minimum of Rs. 13997/-
Above Rs 6500 and Upto Rs. 9500 239.9% of pay subject to minimum of Rs. 19494/­
Above Rs 9500 199.9% of pay subject to minimum of Rs. 22791/-

 

3. The payment on account of dearness allowance involving fractions of 50 paise and above may be rounded off to the next higher rupee and the fractions of less than 50 paise may be ignored.

4. The quantum of IDA payable from 01.01.2014 at the old system of neutralization @ Rs. 2.00 per point shift for increase of 145 points may be Rs. 290 /- and at AICPI 5494 DA payable may be Rs. 9577.75 to the executives holding Board level post, below Board level post and non-unionised supervisors following IDA pattern in the CPSEs of 1987 pay scales.

5. All administrative Ministries/Department of Government of India are requested to bring the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

(Samsul Haque)
Under Secretary

Source: www.dpe.nic.in
[http://dpe.nic.in/sites/upload_files/dpe/files/glch04b147_08012014.pdf]

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Encashment of Leave to be granted to Government Servants on their appointment in Central Public Enterprises

Encashment of Leave to be granted to Government Servants on their appointment in Central Public Enterprises

BSNL issued orders to follow the instructions said in the Dopt order published on 24.5.2011 regarding encashment of Leave to be granted to Government Servants on their appointment in Central Public Enterprises (CPSEs) for Government employees working in BSNL on deployment & subsequently get recruited in BSNL…

Bharat Sanchar Nigam Limited
(A Govt. of India Enterprise)
Corporate Office
Bharat Sanchar Bhawan
H.C.M. Lane, New Delhi —110001.
(PAT SECTION)

CIRCULAR No. 41

No. 1-13/2010-PAT(BSNL)

Dated the Dec., 2013

Sub: Encashment of Leave to be granted to Government Servants on their appointment in Central Public Sector Enterprises (CPSEs) – for Government employees working in BSNL on deployment & subsequently get recruited in BSNL.

The undersigned is directed to endorse a copy of Ministry of Personnel, P.G. and Pensions (Department of Personnel & Training) O.M, No.14028/3/2011- Estt.(L) dated 24th May, 2011 forwarded by Ministry of Communications & IT, Department of Telecommunications, vide F.No.79-04/2013-SU dated 19th Sept.,2013 to all concerned for information and necessary action.
Encl : As above.

sd/-
( A. Sinha )
Assistant General Manager (Pers-V)

4. All MinistriesDepartments may note for further action accordingly.

5. Hindi version will follow.

sd/-
(Zoya C.B.)
Under Secretary to the Government of India

Source: www.bsnleuchq.com
(http://www.bsnleuchq.com/Pen%20Om0001.pdf)

Be the first to comment - What do you think?  Posted by admin - December 27, 2013 at 1:48 am

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Post- Retirement Employment of Functional Director of CPSES

Post- Retirement Employment of Functional Director of CPSES

Press Information Bureau
Government of India
Ministry of Heavy Industries & Public Enterprises

10-December-2013 18:31 IST

Post- Retirement Employment of Functional Director of CPSES

The Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, has issued guidelines dated 15th May, 2008 which provide that no functional Director of the company including the Chief Executive who has retired/resigned from the service of the company, after such retirement/ resignation, shall accept any appointment or post, whether advisory or administrative, in any firm or company, whether Indian or foreign, with which the company has or had business relations, within one year from the date of retirement without prior approval of the Government.

Giving this information in written reply to a question in the Rajya Sabha today, Shri Praful Patel, Minister of Heavy Industries and Public Enterprises, said that the term retirement includes resignation; but not the cases of those whose term of appointment was not extended by Government for reasons other than proven misconduct. The term ‘business relations’ includes ‘official dealings’ as well.

Shri Patel said that the period of one year has been prescribed keeping in view similar provisions applicable for Government servants.

Source: http://90paisa.blogspot.in/2013/12/post-retirement-employment-of.html

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Purchase, use, entitlement & others instructions regarding Staff Car in CPSEs

Purchase, use, entitlement & others instructions regarding Staff Car in CPSEs

 

 F. No. 2 (23)/11-DPE (WC) —GL-XXVI/13
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, the 04th November, 2013

Office Memorandum

Subject: Purchase, use, entitlement & others instructions regarding Staff Car in CPSEs.

The undersigned is directed to refer to this Department’s OM of even No. dated 21.01.2013 on the subject noted above and to say that it has been decided to withdraw the provision mentioned in para 1 (G) of DPE OM 2 (23)/11-DPE (WC) dated 21.01.2013 pertaining to the the issue of extending staff car facilities for official purpose to Executive Directors and General Managers in-charge of the constituent units, who are not heading any project of the CPSE.

sd/-
(M. Subbarayan)
Director

Source: www.dpe.nic.in
[http://www.dpe.nic.in/sites/upload_files/dpe/files/glch04d29_051020130001.pdf]

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DA from July, 2013: Payment of DA to the CDA pattern employees of 69 CPSEs governed by HPPC recommendations

DA from July, 2013: Payment of DA to the CDA pattern employees of 69 CPSEs governed by HPPC recommendations

 

F. No. 2(42)/97–DPE (WC) -GL-XIXV/13
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan,
Block 14, CGO Complex, Lodi Road,
New Delhi-110003, the 24th October, 2013

OFFICE MEMORANDUM

Subject: Payment of DA to the CDA pattern employees of 69 CPSEs governed by HPPC recommendations.

The undersigned is directed to refer to Para No. 2 and Annexure-III to this Department’s O.M. dated 24.10.1997 wherein the rates of DA payable to the employees of CPSEs following CDA pattern pay scales, who are governed by HPCC recommendations had been indicated.

2. In continuation of this Department’s OM of even number dated 08.05.2013, the rates of Dearness Allowance w.e.f. 01.07.2013 payable to the employees of CPSEs governed by the recommendations of HPPC, which have not revised their pay scales in terms of DPE O.M. No. 2(54)/2 08-DPE(WC) dated 14.10.2008 may be as follows:-

a) In case of CPSEs who have not allowed the benefit of merger of 50% of DA with basic pay as contained in DPE O.M. dated 24.05.2005 to their employees, the DA payable ay be enhanced from existing rate of 216% to 233%.

b) In case of CPSEs who have allowed the benefit of merger of 50% of DA with basic pay a contained in DPE O.M. dated 24.05.2005 to their employees, the DA payable may be enhanced from existing rate of 166% to 183%.

3. The payment of Dearness Allowance involving fractions of 50 paise and above may be rounded off to the next higher rupee and the fractions of less than 50 paise may be ignored.

4.All administrative Ministries/Department of Government of India are requested to bring the foregoing to the notice of the Central Public Sector Enterprises under their administrative control for action at their end.

sd/-
(M.Subbarayan)
Director

Source: www.dpe.nic.in
[http://www.dpe.nic.in/sites/upload_files/dpe/files/glch04b145_301020130001.pdf]

Be the first to comment - What do you think?  Posted by admin - October 31, 2013 at 9:34 am

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BSNL: Revised DA @ 85.5% from 01.10.2013 Order issued

BSNL: Revised DA @ 85.5% from 01.10.2013 Order issued

 

Bharat Sanchar Nigam Limited
(A Govt. of India Enterprise)
Corporate Office
Bharat Sanchar Bhawan
H.C.M.Lane, New Delhi – 110 001.
(PAT SECTION)

CIRCULAR No.41

No. 14-1/2012-PAT(BSNL)

Dated the 15th October, 2013

Sub: Board level and below Board level posts including non-unionised supervisors in Central Public Sector Enterprises (CPSEs) — Revision of scales of pay w.e.f. 01-01-2007 — Payment of IDA at revised rates — regarding.

The Department of Public Enterprises O.M. No.2(70)12008-DPE(VVC)- GL-XXIV/13 dated 4th Oct., 2013 on the above mentioned subject for revised IDA rates @ 85.5% w.e.f. 01-10-2013; is sent to all concerned for information and necessary action please.

sd/-
(A. Sinha )
Assistant General Manager (Pers-V)

Click here to see O.M. No.2(70)12008-DPE(VVC)- GL-XXIV/13 dated 4th Oct., 2013

Source: http://www.bsnleuchq.com/EST-01_15.10.2013.PDF

Be the first to comment - What do you think?  Posted by admin - October 19, 2013 at 7:54 am

Categories: BSNL, CPSE, Dearness Allowance   Tags: , , , ,

CPSE Orders on payment of IDA at revised rates

CPSE Orders on payment of IDA at revised rates

CPSE Orders – Board level and below Board level posts including non-unionised supervisors in Central Public Sector Enterprises (CPSEs)- Revision of scales of pay w.e.f. 01.01.2007— Payment of IDA at revised rates-regarding.

F.No. 2(70)/2000-DPE (WC) – GL-XXIV/13
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated : 4st October, 2013

OFFICE MEMORANDUM

Subject:- Board level and below Board level posts including non-unionised supervisors in Central Public Sector Enterprises (CPSEs)- Revision of scales of pay w.e.f. 01.01.2007— Payment of IDA at revised rates-regarding.

In modification of this Department’s O.M. of even No. dated 04.07.2013, the rate of DA payable to the executives and non-unionized supervisors of CPSEs (2007 pay revision) may be as follows:

(a) Date from which payable: 01.10.2013

(b) Average AICPI (2001=100) for the quarter July-Aug’ 2013
June, 2013 231
July, 2013 235
August, 2013 237
Average of the quarter 234.33

(c) Link Point 126.33 (as on 01.01.2007)

(d) Increase over link point: 108 (234.33 minus 126.33)

(e) Revised DA Rate w.e.f. 01.10.2013: 85.5% [(108÷126.33) x 100]

2. The above rate of DA i.e. 85.5% would be applicable in the case of IDA employees who have been allowed revised pay scales (2007) as per DPE 0M. dated 26.11.2008, 09.02.2009 & 02.04.2009.

3. All administrative Ministries / Departments of the Government of India are requested to bring the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

sd/-
(M. Subbarayan)
Director

Source: www.dpe.nic.in
[http://dpe.nic.in/sites/upload_files/dpe/files/glch04b144_071020130001.pdf]

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DPE Orders on IDA – Payment of DA to Board level/below Board level executives and non-unionized supervisors following IDA scales of pay in Central Public Sector Enterprises (CPSEs) on 1987 and 1992 basis

DPE Orders on IDA – Payment of DA to Board level/below Board level executives and non-unionized supervisors following IDA scales of pay in Central Public Sector Enterprises (CPSEs) on 1987 and 1992 basis

F.No. 2(70)/2000-DPE (WC) – GL-XXII/13
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

 

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated : 4st October, 2013

OFFICE MEMORANDUM

Subject:- Payment of DA to Board level/below Board level executives and non-unionized supervisors following IDA scales of pay in Central Public Sector Enterprises (CPSEs) on 1987 and 1992 basis.

The undersigned is directed to refer to para No. 3 of this Department’s O.M. No. 2(50)186-DPE (WC) dated 19.07.1995 wherein the rates of DA payable to the executives holding Board level post have been indicated. In accordance with the DA scheme spelt out in Annexure-II of the said O.M, the installments of DA become payable from 1st January, 1st April, 1st July, 1st October, every year based on the price increase above quarterly Index average of 1099 (1960=100).

2. In continuation of this Department’s O.M. of even No. dated 04.07.2013, the rates of DA payable to the executives of CPSEs holding Board level post, below Board level post and non unionised supervisors following IDA pattern of 1992 pay scales may be modified as follows:

(a) Date from which payable: 01.10.2013

(b) Average AICPI (1960=100) for the quarter
June, 2013 5275
July, 2013 5364
August, 2013 5408
Average of the quarter 5349

(c) Increase over link point: 4250 (5349-1099)

(d) % increase over link point 386.7% (4250/1 099 100)

(e) DA Rates for various Pay Ranges

Basic Pay per Month DA Rates
Upto Rs. 3500 386.7% of pay subject to minimum of Rs. 8500/-
Above Rs 3500 and Upto Rs. 6500 290% of pay subject to minimum of Rs.13535/-
Above Rs 6500 and Upto Rs. 9500 232% of pay subject to minimum of Rs. 18850/ -
Above Rs 9500 193.3% of pay subject to minimum of Rs. 22040/-

3. The payment on account of dearness allowance involving fractions of 50 paise and above may be rounded off to next higher rupee and the fractions of less than 50 paise may be ignored.

4. The quantum of IDA payable from 01.01.2013 at the old system of neutralization @ Rs.2.00 per point shift for increase of 191 points may be Rs.382/- and at AICPI 5349 DA payable may be Rs.9287.75 to the executives holding Board level post, below Board level post and non-unionised supervisors following IDA pattern in the CPSEs of 1987 pay scales.

5. All administrative Ministries/Departments of Government of India are requested to bring the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

sd/-
(M. Subbarayan)
Director

Source: www.dpe.nic.in
[http://www.dpe.nic.in/sites/upload_files/dpe/files/glch04b142_071020130001.pdf]

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DPE Orders on DA – Payment of IDA at revised rates to DPE Employees reg

DPE Orders on DA – Payment of IDA at revised rates to DPE Employees reg

CPSE Orders on DA – Board level posts and below Board level posts including Non-unionised supervisors in Central Public Sector Enterprises (CPSEs) – Revision of scales of pay w.e.f. 01.01.1997 – Payment of IDA at revised rates regarding.

F.No. 2(9)/2000-DPE (WC) – GL-XXIII/13
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

 

Public Enterprises Bhawan
Block 14, CGO Complex,
Lodi Road, New Delhi-110003
Dated : 4th October, 2013

OFFICE MEMORANDUM

Subject:- Board level posts and below Board level posts including Non-unionised supervisors in Central Public Sector Enterprises (CPSEs) – Revision of scales of pay w.e.f. 01.01.1997 — Payment of IDA at revised rates regarding.

In modification of this Department’s O.M. of even No. dated 04.07.2013, the rate of DA payable to the executives of CPSEs (1997 pay revision) may be as follows:

(f) Date from which payable : 01.10.2013

(g) Average AICPI (1960=100) for the quarter July-Aug’ 2013

June, 2013 5275

July, 2013 5364

August, 2013 5408

Average of the quarter 5349

(h) Link Point 1708 (as on 01.01.1997)

(i) Increase over link point: 3641 (5349-1708)

(j) Revised DA Rate w.e.f. 01.10.2013: 2 13.2% [(3641÷1708) x 100]

2. These rates are applicable in the case of IDA employees, whose pay have been revised with effect from 01.01.1997 as per DPE OM. dated 25.06.1999.

3. All Administrative Ministries/Departments of the Government of India are requested to bring  the foregoing to the notice of the CPSEs under their administrative control for necessary action at their end.

sd/-
(M. Subbarayan)
Director

Source: www.dpe.nic.in
[http://www.dpe.nic.in/sites/upload_files/dpe/files/glch04b143_071020130001.pdf]

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Age of Retirement of Employees of Sick CPSE

Age of Retirement of Employees of Sick CPSE

 

 Press Information Bureau
Government of India
Ministry of Heavy Industries & Public Enterprises

27-August-2013 18:11 IST

Age of Superannuation of Employees of Sick Central Public Sector Enterprises

The Government has said that the Department of Public Enterprises is not considering any proposal to enhance the age of superannuation of employees of all sick Central Public Sector Enterprises (CPSEs) from 58 to 60 years. However, Board for Reconstruction of Public Sector Enterprises (BRPSE) has been directed to undertake in-depth examination with regard to enhancement of age of superannuation from 58 to 60 years in respect of such CPSEs whose revival packages have been approved by the Government and which will continue to be in public sector after implementation of revival package, and thereafter make suitable recommendations to the concerned administrative Ministry for obtaining approval of competent authority. Giving this information in written reply to a question in the Rajya Sabha today, Shri Praful Patel, Minister of Heavy Industries & Public Enterprises, said that BRPSE has also been directed to ensure that the issue of the enhancement of age of superannuation from 58 to 60 years is adequately addressed while examining/recommending future proposals for revival of sick/loss making CPSEs and that the revival package has specific recommendation in this regard.

Shri Patel informed the House that BRPSE has not made any specific recommendation regarding enhancement of age of superannuation from 58 to 60 years in respect of employees of ITI Limited.

Source: PIB

Be the first to comment - What do you think?  Posted by admin - August 27, 2013 at 7:56 pm

Categories: CPSE, Employees News, General news   Tags: , , , ,

Payment of statutory dues, salary and wages in sick / loss making CPSEs

Payment of statutory dues, salary and wages in sick / loss making CPSEs

The Cabinet Committee on Economic Affairs today approved the proposal for providing non-plan budgetary support of Rs. 128.26 crore for liquidation of statutory dues (Provident Fund, Gratuity, Pension, Employees State Insurance and Bonus) and salary and wages from 01-10-2012 to 31-03-2013 in respect of ten Central Public Sector Enterprises (CPSEs) under the Department of Heavy Industry, namely Hindustan Cables Ltd., HMT Ltd., HMT (Watches) Ltd., HMT (Chinar Watches) Ltd., Nagaland Pulp & Paper Co. Ltd., Triveni Structurals Ltd., Tungbhadra Steel Products Ltd., Nepa Ltd., HMT Bearings Ltd. and Hindustan Photo Films Limited.

Revival/closure plans of Hindustan Cables Limited, Triveni Structurals Ltd., HMT (Watches) Ltd., HMT (Chinar Watches) Ltd. and Hindustan Photo Films Limited are yet to be finalized; revival plans of Nepa Ltd. and HMT Ltd. have recently been approved; and revival plans of HMT Bearings Ltd., Nagaland Pulp & Paper Company Ltd. and Tungbhadra Steel Products Ltd. are yet to materialize. It was, therefore, considered essential that the interim financial support from the Government be provided so that the operation of these companies may not be affected. Non-settlement of these liabilities has been causing serious hardship not only to the employees of the companies but also adversely affecting the day-to¬day operation of the companies resulting in further deterioration of their performance.

Payment of outstanding dues of salary and wages would mitigate the hardships of the employees thereby motivating them for better output and prepare them to achieve the goal of revival/re-structuring of the companies. In addition, clearance of outstanding statutory dues (Provident Fund, Gratuity, Pension, Employees State Insurance) would result in fulfillment of statutory obligations.

Source from PIB News

Be the first to comment - What do you think?  Posted by admin - August 13, 2013 at 4:58 pm

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Payment of DA to the CDA pattern employees of 69 CPSEs governed by HPPC recommendations – DA Orders

Payment of DA to the CDA pattern employees of 69 CPSEs governed by HPPC recommendations – DA Orders

DPE Orders on DA to CPSE employees as per CDA Pattern governed by HPPC recommendations : Department of Public Enterprises declared revised rate of DA to the employees working under the Ministry of Industries and Public Enterprises with effect from 1.1.2013. The rate of DA enhanced from 72% to 80% to all CDA Employees, whose  pay have been revised with effect from 01.01.2006 as per DPE O.M. dated 14.10.2008.

The official order is reproduced and given below for your ready reference…

F.No.2(54)/08-DPE (WC) -GL-XII/13
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block No.14, CGO Complex, Lodi Road
New Delhi, the 29th April, 2013.

OFFICE MEMORANDUM

Subject:- Payment of DA to the CDA pattern employees of 69 CPSEs governed by HPPC recommendations.

The undersigned is directed to refer to Para 2 and Annexure-III to this Department’s O.M. of even number dated 14.10.2008, wherein the rates of DA payable to the employees who are following CDA pattern has been indicated.

2. The DA payable to the employees may be enhanced from the existing rate of 72% to 80% with effect from 01.01.2013.

3. The payment of Dearness Allowance involving fractions of 50 paise and above may be rounded off to the next higher rupees and the fractions of less than 50 paise may be ignored.

4. These rates may be made applicable in the case of CDA employees, whose pay have been revised with effect from 01.01.2006 as per DPE O.M. dated 14.10.2008.

5. All the Administrative Ministries/Departments of the Government of India are requested to bring the foregoing to the notice of the Central Public Sector Enterprises under their administrative control for action at their end.

sd/-
(M Subbarayan)
Director

Source : www.dpe.nic.in
[http://dpe.nic.in/sites/upload_files/dpe/files/glch04b136_080513.pdf]

Be the first to comment - What do you think?  Posted by admin - July 7, 2013 at 10:04 am

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Payment of DA to the CPA pattern employees of CPSEs governed by HPPC recommendations – DPE Orders on Dearness Allowance

Payment of DA to the CPA pattern employees of CPSEs governed by HPPC recommendations – DPE Orders on Dearness Allowance

DPE Orders on Dearness Allowance :  Payment of DA to the CPA pattern employees of CPSEs governed by HPPC recommendations.

F.No.2(42)/97-DPE (WC) -GL-XIV/2013
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises

Public Enterprises Bhawan
Block No.14, CGO Complex, Lodi Road
New Delhi, the 08 May, 2013.

OFFICE MEMORANDUM

Subject :- Payment of DA to the CPA pattern employees of CPSEs governed by HPPC recommendations.

The undersigned is directed to refer to Para 2 and Annexure-III of this Department’s O.M. of even
No. dated 24.10.1997 wherein the rates of DA payable to the employees of CPSEs following CDA pattern pay scales, who are governed by HPPC recommendations had been indicated.

2. In continuation of this Department’s O.M of even number dated 25.10.2012, the rates of Dearness Allowance w.e.f. 01.01.2013 payable to the employees of CPSEs governed by the recommendations of HPPC, which have not revised their pay scales in terms of DPE O.M. No. 2(54)/2008-DPE (WC) dated 14.10.2008 may be as follows:

a) In case of CPSEs who have not allowed the benefit of merger of 50% of DA with basic pay as contained in DPE O.M. dated 24.05.2005 to their employees, the DA payable may be enhanced from the existing rate of 201% to 216%%.

b) In case of CPSEs who have allowed the benefit of merger of 50% of DA with basic pay as contained in DPE O.M. dated 24.05.2005 to their employees, the DA payable may be enhanced front the existing rate of 151% to 166%.

3. The payment of Dearness Allowance involving fractions of 50 paise and above may be rounded off to the next higher rupees and the fractions of less than 50 paise may be ignored.

4. All the Administrative Ministries & Departments of the Government of India are requested to bring the foregoing to time notice of the Public Sector Enterprises under their administrative control for action at their end.

sd/-
(M Subbarayan)
Director

Source : www.dpe.nic.in
[http://dpe.nic.in/sites/upload_files/dpe/files/glch04b137_090513.pdf]

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