|Photo Courtesy: BEML|
“…officer may be posted at any place in India. It has been noticed in the past that while sponsoring names, preference has been shown for a particular PSE/organization in a particular region. It is clarified that such requests cannot be entertained and officers are required to indicate only their options for place of postings.”
According to rules, the officers sponsored for joint secretary level CVO posts in PSEs need to be empanelled to hold joint secretary level posts at the Centre or an officer of his service and batch should be empanelled to hold joint secretary level post at the Centre. And the officers sponsored for director level posts should have completed 14 years of Group “A” service and should have been granted the non-functional selection grade in the cadre.
On selection as CVO, the officer would be eligible for an initial deputation tenure of three years in a PSE which is extendable upto a further period of two years in the same PSE (total 5 years) or upto a further period of three years on transfer to another PSU/organization on completion of initial tenure of three years in the previous PSU (total 6 years), with the prior clearance of the CVC and DoPT. He would be allowed the option of electing to draw either the pay of the post in the scale of pay of the CPSE concerned or pay in the parent cadre plus deputation (duty) allowance thereon plus personal pay, if any, said the same letter. The officer would also be entitled to all perks, benefits and perquisites applicable to equivalent level of officers in the concerned CPSE. (Courtesy: www.babusofindia.com)