All employees of CPSEs (Coal India Ltd, NTPC, ONGC, IOCL, GAIL, BPCL, SAIL, BHEL, BSNL, MTNL, Nalco, HAL, BEL, NHPC, TCIL, ECIL, EIL, FCI, PGCIL, POSOCO, Vizag Steel and many others), and Private sector companies have EPF accounts for the provident fund.
The Department of Personnel & Training recently issued the gazetted and restricted holidays list through an office memorandum for the year 2020.
This week’s top jobs list includes the reputed government firms like POSOCO, DRDO, ISRO (On Various non-executive positions), CVPPPL, NIT Jalandhar, HPCL, and SBI (Specialist Officer).
This week’s top jobs in the employment newspaper include the DRDO’s (Centre for Airborne System & Aeronautical Development Establishment), Experienced Engineers in HPCL, Cochin Shipyard, IOCL, AIESL, NFL, Naval Dockyard, and Kendriya Hindi Sangathan at various levels.
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.
Whenever the government implements the pay revision committee benefits, the basic pay, DA and all other allowances get revised. Due to this the method and ceiling for calculating the retiral benefits like Gratuity and Leave encashment also get changed.
HPCL is a Navratna Public Sector Undertaking, listed in a both BSE and NSE. It also manages to make a presence in the Fortune 2,000 company list.