Sixth pay panel advice hikes salaries in state PSUs

The state government decided to revise the payscale of the staff of all state-owned enterprises and corporations and to provide other benefits as per the recommendations of the Sixth Pay Commission with effect from January 1,2006.

The state government decided to revise the payscale of the staff of all state-owned enterprises and corporations and to provide other benefits as per the recommendations of the Sixth Pay Commission with effect from January 1,2006.

The decision,taken on Saturday,will benefit about 98,000 employees and officers of public sector enterprises and corporations except energy sector undertakings,said a government spokesman.

It will entail an additional burden of Rs 305 crore annually which will be borne by the enterprises and corporations. The benefits of revised pay scale and other bonuses will be subject to the economic capability of corporations and certain conditions,he said.

No government assistance will be provided, said the spokesman.

The government also decided to relax rules regarding payment of dearness allowance to the staff of enterprises and corporations and merge 50 per cent of the DA with the salary. As per the decision,the DA could be paid after assessing the financial condition on the basis of the audited balance sheet.

To simplify the process,it has been decided to set up an empowered committee at the level of public enterprises department,he said.

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