New Delhi,
The government today approved the norms for establishing equivalence of posts in government and public sector undertakings and public sector banks for claiming benefit of OBC reservations.

The approval came at the meeting of the Union Cabinet. Finance Minister Arun Jaitley said it addresses the issue which has been pending for nearly 24 years.

“This will ensure that the children of those serving in lower categories in PSUs and other institutions can get the benefit of OBC reservations, on a par with children of people serving in lower categories in the government,” an official statement said.

This will also prevent children of those in senior positions in such institutions — who, owing to absence of equivalence of posts, may have been treated as non- creamy layer by virtue of wrong interpretation of income standards — from cornering government posts reserved for OBCs.

The Cabinet also approved the increase in the income criterion of Rs 6 lakh per annum to Rs 8 lakh for applying the creamy layer restriction throughout the country.