Wednesday, July 28, 2010

Govt approved revision of pay-scales of Class-I and Class-II officers of Port Trusts

The Government has approved the revision of pay-scales of Class-I and Class-II officers of Major Port Trusts w.e.f. 1 January, 2007. The revision would benefit about 3,600 officers of the eleven Major Port Trusts and Calcutta Dock Labour Board. The highlight of the revision is a fitment benefit of 30% to all officers and also one level jump in the pay-scales consequent to removal of non-standard pay-scale as per Department of Public Enterprise’s Guidelines. The other major decision consequent to the revision of pay-scale is that allowing the officers of Major Port Trusts to avail the benefits of various allowances under “cafeteria” approach as prescribed for Public Sector Undertaking executives. The total financial implications involved on account this revision is approximately about Rs.55 crores annually. The Major Ports will meet this additional expenditure from their own resources. No budgetary support from the Government will be provided.


Source PIB Release.
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