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 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.
This weeks top job in the employment newspaper is Mineral Exploration Corporation Limited at various levels. You will find the MECL advertisement on page number 17 and page number 21. The next big opportunity is coming from Tata Memorial Centre which is available on page number page no. 14, 18, and 36.
The Maharatna & Navratna Public Sector Enterprises offers the top package to the fresh engineer who joins these government companies at the executive level. The total compensation was further increased due to the implementation of the 3rd Pay Revision Committee report in the profit-making CPSEs.
If you are keen to work for India’s best Maharatna Company or Navratna PSU just after the graduation in Engineering. You might be in search of GATE Cut Off for all PSU to plan your study accordingly.