Retirement age row between govt, CPSE employees to end

yash

Yash Vardhan Shukla | April 19, 2012



The retirement age row between the union government and the employees of central public sector enterprises (CPSEs) will soon end. Source in the public sector undertakings (PSU) said the department of public enterprises under the ministry of heavy industries is reviewing its previous order. The department of public enterprises is planning to extend the retirement age of all CPSE employees from 58 to 60 years. There will not be any discripancy in the retirement age of a sick PSU and a normal one. The government order is likely to be implemented in PSUs very soon, sources said.

There are more than 70 sick CPSEs in India for which the department of public enterprises issued guidelines in 1998, enhancing the age of retirement for the employees of sick CPSEs from 58-60 years. But soon after this order, instructions were issued for rollback of the age of superannuation from 60 to 58 years for all PSEs and all categories of employees. This was approved by the board of directors. According to sources, the union government is finally willing to enhance the retirement age from 58 to 60 years for all the CPSEs and all categories of employees.

Comments

 

Other News

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Development paradox: Falling poverty miracle and an inequality problem

India’s reduction in poverty over the past decade is a development achievement of considerable significance. The World Bank’s April 2026 ‘India Development Update’ estimates that the share of Indians living below the international extreme-poverty line of $3.00 per person per day i

In Arunachal, a river we call mother

In Arunachal Pradesh, the Siang is not just a river. For many of us, especially the Adi people, it is part of our family. Our grandparents fished in it. Children learned to swim in it. Our farms drink from it. When someone says a huge dam will be built on it, we do not hear the word "project".

A new retelling of the Mahabharata delves into key moments

In a time when every decision carries consequences and questions of ambition, power, loyalty, identity and moral choice continue to shape our lives, Dr. Arun Krishnan’s new book, ‘Mahakshana’ (Penguin India) offers a strikingly relevant retelling of the Mahabharata.  

Cabinet approves viability gap funding to develop grid-scale energy storage systems

The Union Cabinet, chaired by PM Narendra Modi, has approved the Viability Gap Funding (VGF) Scheme for Development of Grid-Scale Energy Storage Systems, with a total financial support of Rs.14,500 crore for the period FY 2026-27 to FY 2030-31. The scheme aims to support the development o

Cabinet creates a pathway to absorb Agniveers in Defence Forces

An objective assessment in terms of organisational requirements and operational efficiency has brought out the outstanding performance of Agniveers in terms of skills, motivation levels, physical fitness and technological prowess. As envisaged earlier, based on merit, 25% of Agniveers will be offered reg

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter