Oil PSU Officers to Meet in Delhi to Push for Early Constitution of 4th Pay Revision Committee – Indian PSU

With less than six months remaining before the process for the next pay revision is expected to gather momentum, the Federation of Oil PSU Officers (FOPO) will convene a crucial meeting of its constituent members in New Delhi on Monday to formulate a strategy for pressing the Government of India to constitute the 4th Pay Revision Committee (PRC) for executives of Central Public Sector Undertakings (CPSUs) without any further delay.

The meeting, to be held at ONGC’s Scope Minar office in New Delhi, will bring together the Presidents and General Secretaries of officers’ associations representing nine major oil and gas CPSUs—ONGC, Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), GAIL (India) Limited, Oil India Limited (OIL), Chennai Petroleum Corporation Limited (CPCL), Mangalore Refinery and Petrochemicals Limited (MRPL) and Numaligarh Refinery Limited (NRL).

Apart from electing the new office bearers of the FOPO Executive Committee, the meeting will focus on the delay in the constitution of the 4th Pay Revision Committee by the Department of Public Enterprises (DPE) and the Ministry of Finance.

“The Government of India has not yet officially constituted the 4th Pay Revision Committee. The next pay revision for CPSU executives and non-unionised supervisors is due to become effective from January 1, 2027. It is therefore imperative that the committee is constituted immediately so that adequate time is available for consultations with all stakeholders and the pay revision process can be completed in time,” Mukul Kumar, Convenor of FOPO, told www.indianpsu.com.

According to FOPO, any further delay in constituting the committee could compress the timeline available for deliberations, consultations and submission of recommendations, potentially affecting the timely implementation of the next wage revision.

The officers’ federation is expected to evolve a coordinated strategy to urge the Department of Public Enterprises and the Ministry of Finance to initiate the process without further delay. The meeting is also likely to deliberate on future representations to the Government to safeguard the interests of executives and non-unionised supervisors across Central Public Sector Undertakings.

The issue assumes significance as the current pay revision cycle comes to an end on December 31, 2026, making January 1, 2027 the due date for implementation of the next revision in salaries, allowances and other service benefits for CPSU executives and non-unionised supervisors.

The decisions taken at the FOPO meeting are expected to set the tone for a broader campaign by officers’ associations across the public sector seeking the early constitution of the 4th Pay Revision Committee.