The government has formed the 3rd Pay Revision Committee (PRC) for the revision of pay scales, perquisites, etc., of the Board Level and Below Board level officers and Non-Unionised supervisors in the Central PSUs. . Justice Satish Chandra (Retd.) is the Chairman. The PRC will submit it’s report within 6 months and the wage revision will be implemented from 01.01.2017.It is to be mentioned that the PRC is formed after a lot of agitation by the executives associations in the Central PSUs.
The Members of the III PRC are:
Chairman : Justice Satish Chandra (Retd)
Members :
(i) Shri Jugal Mohapatra, Ex-IAS Officer
(ii) Prof. Manoj Panda, Director, Institute for Economic Growth, Delhi
(iii) Shri Shailendra Pal Singh, Ex Director (HR), NTPC Ltd.
Ex-Officio Member : Secretary, DPE, Government of India
Member Secretary:Jt. Secretary/Additional Secretary, DPE, GOI.
Salient terms of reference:
1. The Committee will make its recommendations to the Government within a period of six months from the date of its constitution and have its headquarters in Delhi.
2. The decision of the Government on the recommendations of the Committee will take effect from 1.1.2017.
It is high time that the wage negotiations start in BSNL for the non-executives.
VAN Namboodiri's Blog 
Good morning sir,
It will applicable for bsnl also
It will be applicable for all executives, including that of BSNL. For non-executives, separate wage negotiation will have to take place.
Only for profit making PSUs
BSNL is having operating profits and it is not a sick company.
Dear sir
Pl share the information of delay in submition of reports .if you have in hearsay Pl convey
No detailed information so far comrade,