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.
The Department of Personnel & Training recently issued the gazetted and restricted holidays list through an office memorandum for the year 2020.
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.
This weeks top job in the employment newspaper is the IBPS probationary officer post. The next big announcement is from NTPC Ltd for the engineers with a minimum of 3 years of post-qualification experience.
You might be waiting for this week’s latest government job notifications. If you haven’t checked the last week employment newspaper, I would suggest going through it, as many vacancies from the previous issue are still available to apply.
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.
National Thermal Power Corporation is was born in the year 1975 to fulfill the energy requirements of the citizens and the industrial sector. The Maharatna Company grown really fast in the past and as of now, it owns the total 50 power plants with installed capacity of 52,946MW. Most of the power plants are the coal-based thermal power stations and remaining uses the Gas/Liquid or Solar, Wind, Hydro energy to generate electric power.