PSDP-funded projects: revised pay package approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has approved a revised pay package with a major increase in the salaries for the project directors of Public Sector Development Programme (PSDP)-funded projects. Sources said that proposal of revised pay package for the employees of PSDP-funded projects was approved by the ECC meeting chaired by Finance Minister Ishaq Dar on Wednesday.
As per the proposal, the secretary Finance, Planning and Establishment Division considered various options and finally agreed on an increase of five percent in the initial stage pay to the employees hired for execution of the development projects. The decision whether the project director to be placed with project pay scale PPS-10 or PPS-11 or PPS-12 would be taken by the Central Development Working Party (CDWP) led by Minister for Planning, Development and Reform Ahsan Iqbal.
The revised pay package will be effective immediately for the new as well as ongoing PSDP projects on the condition that the pay package will be followed for the appointment for officers/staff including project directors, advisor, specialists and consultants in the PSDP-funded development projects as reflected in the PC-I/PC-II, duly approved by the competent forum. Based on the sensitivity and size of the project, the Central Development Working Party (CDWP) would decide whether the project director is to be placed with the project pay scale 10, 11 or 12; (ii) the above lump sum package will be allowed for fresh as well as existing employees of PSDP projects. However, pay will be fixed at the initial stage and thereafter an increase of 5 percent of the initial stage would be allowed. As per revised package, PPS-12 employees were allowed 5 percent of the initial stage, which would be Rs 33,000, followed by PPS-11, Rs 27,255, and PPS-10, Rs 18,150. After an increment PPS-12 salary would be Rs 795,160, followed by Rs 491,030 for PPS-11, and Rs 298,810 for the PPS-10. Employees of other PPS were also allowed increase as per their scale from Rs 1,000 to Rs 7,500.