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2024

Senior CPSE executives may get up to 100% hike

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The government is considering a proposal to double the compensation of senior executives at central public sector enterprises (CPSEs) with a turnover exceeding Rs 100 crore. This aims to bridge the gap with the private sector and retain top talent. The increase, potentially up to 100%, would be performance-linked, focusing on asset monetisation, project speed, profit, and other benchmarks. The proposal may be presented to the Cabinet Committee of Economic Affairs before the upcoming budget presentation.



Moscow.media
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