The Union Cabinet today approved the proposal for permitting the management of Central Public Service Enterprises (CPSEs) to initiate wage negotiations generally effective from January 1, 2012, subject to the condition that negotiated scales of pay would not come in conflict with existing scales of pay of executives / officers and non-unionized supervisors of the respective CPSEs.
This will benefit workmen of those CPSEs, which opted for 5 years of wage settlement with effect from 1st 2007 and they can now go for another wage negotiation for 5 years with effect from 1st 2012.
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There are 260 CPSEs in the country employing 13.98 lakh persons (2.74 lakh executives, 0.31 lakh non-unionized supervisors and 10.93 lakh unionised supervisors and workmen) as on 31st March 2012.
