The MRPL is a subsidiary company of ONGC Limited, which is a well know oil and gas producer in the country. The Miniratna government company primarily deals with refining, petrochemicals, research, and development business.
The Cement Corporation of India is a cement production company under the direct control of the Department of Heavy Industry.
The Central Public Sector Enterprises Employees get the payment as per the guidelines suggested by the Department of Public Enterprises.
The PSU staff Industrial Dearness Allowances (IDA) get revised after every quarter from the 1st day of January, April, July, and October Month.
The government of India established the FCI under the Food Corporation Act 1984 to achieve the following objectives.
- To offer a minimum price for food grains items produced by farmers,
- Equal distribution of wheat, rice, and other food grains across all states of the country
- To maintain enough food stock required for National Food Security
The Bharat Sanchar Nigam Limited had the total numbers of 3,66,049 employees as on 31 March 2000. The government telecom service provider had the total staff strength of 1,65,508 as on 31 April 2019.
There are only a few big PSUs left which have not implemented the 2rd Pay Revision Committee recommendations for the employees. Among them, BSNL, SAIL, MTNL, Vizag Steel are the main with which were awarded by prestigious status due to high performance in their respective sectors.
The Maharatna Companies ONGC, Coal India, NTPC, Gail India, IOCL, BPCL, and BHEL has implemented the 3rd PRC report for their staff. There are many Navratna and Miniratna PSUs which also started executing the pay revision order.
Like a central government employee, the staff working in the Public Sector Undertaking also get the Leave Encashment on retirement or resignation from the company.