A public sector unit employee, on an average, received an annual salary of Rs 6.09 lakh (Rs 609,000) in 2009-10, with total emoluments increasing more than 100 per cent in the last four years.
According to a Public Enterprises Survey of the government, it was thanks to the pay hike which was effected in 2008-09 following the implementation of the Wage Commission Committee.
Despite the salary increase, PSUs have managed to increase their net profit by 10.40 per cent to a combined Rs 92,593 crore (Rs 925.93 billion) in 2009-10.
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