F. No. 2(68)/11-DPE (WC)
Government of India
Ministry of Heavy Industries and Public Enterprises
Department of Public Enterprises
Block No.14, CGO Complex,
Lodi Road, New Delhi-110003
Dated the 31st December, 2012
OFFICE MEMORANDUM
Subject:- Payment of Performance-related pay (PRP) to executives of Central Public Sector Enterprises (CPSEs)
The undersigned is directed to refer to Ministry of Housing & Urban Poverty Alleviation O.M. No 1-14020/1/2011-HR dated 7th September, 2011 and subsequent reminders on the subject mentioned above.
2. There are laid down guidelines providing for timely completion of the process of recording of Annual Performance Appraisal Reports (APARs) of executives of CPSEs and therefore all attempts should be made to finalize the APAR ratings of individual executives by following the laid down process as APAR ratings determine the payment of PRP. In the absence of APAR ratings, it would not be possible to pay PRP in terms of extant guidelines.
