Cabinet nod for regularising pay of executives in 4 hydro psus.
he Union Cabinet on Wednesday gave the green light for the regularisation of pay scales of over 5,000 executives in four state-run hydro power companies- NHPC, NEEPCO, THDC India and SJVNL. According to Union Minister for Coal and Railways Piyush Goyal, the move to regularise pay scales will cost the government around Rs 323 crore. The need to regularise is due to anomalies which existed in the pay scales of executives of the four PSUs since January 1997 due to revision of pay scales of unionised category of workmen/non-executives.
The pay scales of workmen and supervisors were higher than the pay scales of executives in the E-1 grade. "Anomalies existed in the pay scales of Executives of NHPC...
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