• Home
  • 7th Pay Matrix
  • Pay Calculator
  • DA Table
  • DA News
  • 8th CPC News
  • KV Fees

Central Government Employees Latest News

7th Pay Commission Latest News Today 2023, 7th Pay Matrix Table PDF, Expected DA Calculation, DA Rates Table, 8th Pay Commission Latest News

Latest 7th pay commission pay scale calculator
You are here: Home / Uncategorized / Cabinet approves listing of 11 CPSEs on stock exchanges

7th Pay Commission Latest News Today 2023
Central Government Employees News Today 2023
7th Pay Salary Calculator 42% DA 7th CPC Increment Calculator
Expected DA for January 2024 8th Pay Commission News

7th CPC Pay Fixation Calculator Retirement Date Calculator 2023
Leave Encashment Calculation & Calculator 2023 KVS Fee Online Payment 2023-24
18 Months DA Arrears for CG Employees Govt First Salary Calculator
Latest News from 7thpaycommissionnews.in

Cabinet approves listing of 11 CPSEs on stock exchanges

April 12, 2017 admin Leave a Comment

Cabinet approves listing of 11 CPSEs on stock exchanges

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for listing of the following 11 CPSEs (Central Public Sector Enterprises) on stock exchanges:

Sl. No. CPSEs  
 
1. Rail Vikas Nigam Limited (RVNL)  
2. IRCON International Limited  
3 Indian Railway Finance Corporation (IRFC) Ltd.  
4. Indian Railway Catering and Tourism Corporation (IRCTC) Ltd.  
5. RITES Ltd.  
6 Bharat Dynamics Limited (BDL)  
7. Garden Reach Shipbuilders & Engineers (GRSE) Ltd.  
8. Mazagon Dock Shipbuilders Limited (MDSL)  
9. North Eastern Electric Power Corporation (NEEPCO) Ltd.  
10. MSTC Ltd.  
11. Mishra Dhatu Nigam Ltd. (MIDHANI)  

As approved, listing of CPSEs will be through public offer of shares upto 25 per cent of Government of India’s shareholding, which may include offer of fresh shares for raising of resources from market. However, actual disinvestment in respect of each CPSE alongwith the mode of raising resources has been delegated for decision on a case to case basis to the Alternative Mechanism, headed by the Hon’ble Finance Minister.

The CCEA has also approved reservation of shares for the eligible employees of 11 CPSEs in accordance with the extant provisions of SEBI Regulations.

With a view to ensure wider participation by small investors in the CPSEs’ disinvestment program, a price discount upto 5 per cent on the issue price has also been approved for the retail investors and eligible employees of 11 CPSEs participating in this offer.
From the economic and sectoral perspective, the decision to list 11 CPSEs on stock exchanges through public offer will have the following advantages for to the stakeholders:

i. Post-listing, value of a CPSE has the potential to be unlocked in multiples of book value of its equity with respective increase in their market capitalization. Once the book value of 11 CPSEs is discovered through the listing process, it will facilitate raising of resources by these companies at comparable cost and hence, achieve higher growth through their expansion/diversification. This will also be reflected in the performance at the sectoral level and overall economic growth.

ii. Listing of CPSEs will also promote ‘people’s ownership’ by encouraging public participation in CPSEs. Reservation of shares not exceeding 5 per cent of the post-issue capital for the eligible employees of 11 CPSEs, with the further decision to allocate shares to retail investors and employees of CPSEs at a price discount will ensure wider participation of small investors in the CPSEs’ disinvestment program.

iii. Listing of profitable CPSEs on the stock exchanges also triggers multilayered oversight mechanism, which not only enhances shareholders’ value but also promotes corporate governance norms in such companies. As per the listing requirements of SEBI/ Company Law/Stock Exchanges, CPSEs are required to comply with a number of mandatory disclosure requirements.

iv. With general public becoming the shareholder in the company through the listing route, the management is open to public scrutiny and thus become more accountable to its shareholders, as per the extant disclosure norms and compliance for listed CPSEs.

Background:

The Government has made the following announcement in Budget 2017-18:
“Listing of Public Sector enterprises will foster public accountability and unlock the true value of these companies. The Government will put in place a revised mechanism and procedure to ensure time-bound listing of identified CPSEs on stock exchanges…………..”

Source: PIB News

Related updates:

    Receipt of monetary benefits in the form of sitting fees, bonus, share in profits, stock options etc by the employees of CPSE
    Upgradation of Employment Exchanges
    List of 257 Operating CPSEs as on 31.03.2018
    Cabinet approves setting up of India Post Payments Bank
    Recruitment of Staff through Employment Exchanges – Dopt Orders
    DPE issues guidelines to expedite the process for clousure of CPSEs
    Utilisation of the facilities of Central Public Sector Enterprises (CPSEs) – Instructions given by DoPT

Filed Under: Uncategorized

46% DA from July 2023 - Waiting for Union Cabinet Committee Approval!

46% DA from July 2023 – Waiting for Union Cabinet Committee Approval!

September 15, 2023 By Ekanathan Leave a Comment

4% Additional DA Increase from July 2023 for Central Government Employees, Pensioners, and Family Pensioners! Approval of Cabinet … [Read More...]

46% DA from July 2023 for Central Government Employees is Confirmed!

46% DA from July 2023 for CG Employees is Confirmed!

September 6, 2023 By Ekanathan 1 Comment

Chapter of 'Expected da from July 2023' is over! The highly anticipated announcement regarding the Expected Dearness Allowance … [Read More...]

AICPIN August 2023 Press Release PDF

AICPIN for August 2023 Press Release PDF

September 28, 2023 By Ekanathan Leave a Comment

AICPIN for the month of August 2023 Press Release PDF The All India Consumer Price Index (AICPIN) for the month of August 2023 … [Read More...]

AICPIN for the month of July 2023

AICPIN for July 2023

September 28, 2023 By Ekanathan 3 Comments

AICPIN for the Month of July 2023 In July 2023, the All-India Consumer Price Index for Industrial Workers (CPI-IW) experienced an … [Read More...]

Digital Life Certificate Through Face Authentication for Super Senior Pensioners

Digital Life Certificate Through Face Authentication for Super Senior Pensioners

September 25, 2023 By Ekanathan Leave a Comment

Facilitation of Digital Life certificate through Face Authentication for Super Senior Pensioners aged 80 years and above from 1st … [Read More...]

When Central Govt will Announce DA Hike

When will declare 46% DA to Central Govt Employees?

September 25, 2023 By admin Leave a Comment

DA Hike from July 2023: DA may be hiked by 4% for central govt employees and Pensioners from 1st July 2023! Now, the central … [Read More...]

Expected IDA from April 2023 Calculator

Expected IDA from October 2023 Calculator

September 25, 2023 By Ekanathan Leave a Comment

Expected Industrial Dearness Allowance (IDA) Calculator Expected IDA from October 2023 for CPSE Employees: Expected Industrial … [Read More...]

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Top Stories 2023

Central Govt Salary Calculator
Holiday Home List in India
Latest DoPT Orders Circulars
Split AC Price in CSD AFD Portal
Central Govt First Month Salary Calculator
X Y Z Classification of Cities for HRA PDF
7th CPC MACP Pay Fixation Calculator
Today Gold Rate in Chennai GRT
Retirement Date Calculator for Govt Employees
Expected DA from July 2023 Calculator
Fixation Calculator as per FR 22(I)(a)(1)
7th Railway Pay Matrix Table PDF
Leave Encashment Calculation for CG Employees
7th CPC Level 6 Hand Salary
7th Pay Scale Chart for Level 1 to 5
UGC Pay Scale as per 7th CPC
Central Govt Gazetted Holiday List 2023
AICPIN Table 2023
7th Pay Matrix Level 7
Children Education Allowance Rules 2023
7th Pay Matrix Rajasthan PDF Download
DA Calculator-7th CPC DA Calculation
WB 6th CPC Pay Matrix Table PDF
Child Care Leave Rules and Restrictions
Latest News on Retirement Age 62
OROP-2 Pension Table 2023
AFD CSD Login Registration Page
DA Rate of Odisha Govt Employees
42% DA from Jan 2023
KVS Holiday List 2023-24
Pournami Tamil Calendar List 2023
Grade Pay Salary Calculation after 7th CPC
Delhi CGHS Approved Diagnostic Centre List
Revised CGHS Package Rates 2023
CGHS Ward Entitlement and Monthly Subscription in 7th CPC
CGHS Contribution Rates as per 7th CPC
CGHS Covered Cities List PDF
7th CPC MACP Scheme
Latest Dopt Orders
List of Sainik Schools
Fitment Factor Table PDF
7th CPC Pay Fixation
7th CPC Pension Calculation
7th CPC Pension Fixation Examples
All India RTO Code List 2023
VRS Scheme for Central Govt Employees PDF
7th CPC Transport Allowance
7th CPC Increment
CGEGIS Table Benefits Calculator
NPS to OPS

CGHS Hospital List

All India CGHS Hospital List
CGHS Chennai Approved Hospital List
Bangalore CGHS Hospitals List 2023
Delhi CGHS Hospitals List 2023
Mumbai CGHS Hospitals List 2023
Kolkata CGHS Hospitals List 2023
Hyderabad CGHS Hospitals List 2023

Holiday List in India

State Govt Holiday List 2024
Central Govt Holiday List 2024
Delhi Govt Holiday List 2024
School Holiday List 2024
Bank Holidays in India 2024
Post Office Holidays 2024
Railway Holidays 2024 PDF
All India Holiday List 2024

Pay Level Salary Calculator

Pay Matrix Level 1 Hand Salary
Pay Matrix Level 2 Hand Salary
Pay Matrix Level 3 Hand Salary
Pay Matrix Level 4 Hand Salary
Pay Matrix Level 5 Hand Salary
Pay Matrix Level 6 Hand Salary
Pay Matrix Level 7 Hand Salary
Pay Matrix Level 8 Hand Salary
Pay Matrix Level 9 Hand Salary
Pay Matrix Level 10 Hand Salary
Pay Matrix Level 11 Hand Salary
Pay Matrix Level 12 Hand Salary
Pay Matrix Level 13 Hand Salary
Pay Matrix Level 13A Hand Salary
Pay Matrix Level 14 Hand Salary
Pay Matrix Level 15 Hand Salary
Pay Matrix Level 16 Hand Salary
Pay Matrix Level 17 Hand Salary
Pay Matrix Level 18 Hand Salary

7th Pay Commission Latest News Today 2023

7th CPC HRA
7th CPC Classification of Posts
7th CPC Armed Forces Personnel
7th CPC House Building Advance
7th CPC Leave Rules
7th CPC Travelling Allowance
7th CPC LTC Rules
7th CPC Reservation Policy
7th CPC Risk and Hardship Matrix
7th CPC New Pension Scheme
7th Pay Commission Fitment Table
7th CPC Allowances
7th CPC Advances
7th CPC Briefcase Allowance
7th Pay Commission CGEGIS
7th CPC Dress Allowance

7th Pay Commission News Discussions

  • M.K.KUMAR on VII Pay Fixation Table: Promoted from Level 5 to 6
  • MOHAMMAD SAJAD KHAN on VII Pay Fixation Table: Promoted from Level 5 to 6
  • Salig Ram on Revision of pension of Pre-2006 pensioners (JCOs/ ORs and Commissioned Officers) – PCDA Circular 568 on 13.10.2016
  • Prathamesh shewale on Equivalent Pay Scales of 5th and 6th Pay Commission for CG Employees
  • Suhaana on [PDF] 7th Pay Commission Report Download
  • pravin kumar on Children Education Allowance Form PDF | Child Education Allowance Eligibility
  • prabhjot singh sodhi on Eligibility Conditions for Purchasing Car Through CSD AFD Online Portal?

7th Pay Matrix Table

7th CPC Pay Matrix Table – Full size image for reference
UP Govt Pay Matrix Table PDF Download
Pay Matrix Level 2 (19900): Hand Salary Calculation
7th CPC Pay Matrix Chart for Level 1 to 5 (GP 1800 to 2800)
Pay Matrix Table for Haryana Govt Employees – Level 1 to 5
Rajasthan Pay Matrix Table – Pay Matrix Level 10 to 13
7th CPC Pay Matrix Chart for Level
Pay Matrix Table for Haryana Govt Employees – Level 6 to 9
Rajasthan Pay Matrix Table – Pay Matrix Level 14 to 20
7th CPC Pay Matrix Chart for Level 10 to 12 (GP 5400 to 7600)
Salary Increment Table for Pay Matrix Level 11 (GP 6600)
7th CPC Pay Matrix for IIT, IIS, IIM, NITIE, IISER, NIT and IIIT
7th CPC Pay Matrix Table Level 13, 13A and 14
16th IPL 2023 Match Schedule PDF Download
Copyright © 2023 | Central Government Employees News | 7th Pay Commission News | Sitemap | Site maintained by TEUT Digital Concepts