India Posts Equivalent Tender

The Department of Financial Services have notified the principles for determining the equivalence in respect of Public Sector Banks PSBs Public Financial Institutions PFIs and Public Sector Insurance Companies PSICs on 06.12.2017 which are as under Junior Management Scale-I of PSBs PFIs and PSICs will be treated as equivalent to Group A in the Government of India and b Clerks and Peons in PSBs PFIs and PSICs will be treated as equivalent to Group C in the Government of India.The Department of Public Enterprises have issued an Office Memorandum on 25.10.2017 conveying the guidelines for establishing equivalence of posts in Central Public Sector Enterprises CPSEs with posts in Government. As per the guidelines all the executive level posts in CPSEs i.e. Board level executives and below Board level executives which are managerial level posts will be considered as Creamy Layer subject to the proviso that those executives whose annual income as per criteria given in DoPT OM dated 08.09.1993 is less than Rs. 8 lakh as amended vide DoPT OM No. 3603312013-Estt.Res dated 13.09.2017 will not fall under the Creamy Layer criteria.As per the guidelines issued by the Department of Personnel and Training vide Office Memorandum dated 08.09.1993 sons and daughters of the persons falling in the Creamy Layer are not entitled to the benefit of reservation available to the Other Backward Classes.The data on the number of officers and employees working in the Undertakings under the administrative control of the Government whose sons and daughters are not entitled to the benefit of reservation for Other Backward Classes is not maintained centrally.