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Third Pay Panel for Central PSUs Suggests Minimum Rs.30,000 for Executives

Third Pay Panel for Central PSUs Suggests Minimum Rs.30,000 for Executives

Tuesday, February 28, 2017, 4:23 PM

As per the recommendations, the minimum monthly salary of below Board level executives will increase from Rs.12,600 to Rs.30,000.The recommendations of the Justice Satish Chandra committee, which will come into effect from January 1, 2017, will be placed before the Union Cabinet for approval.The panel has recommended no change in the retirement age for CPSE employees.
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