Latest News | Coal India, Trade Unions Awaiting Govt's Nod on 19pc Wage Hike Pact
Get latest articles and stories on Latest News at LatestLY. Coal India Ltd (CIL) and trade unions are awaiting the government's approval for a wage agreement that recommends a 19 per cent minimum guaranteed benefit to 2.38 lakh non-executive employees of the miner, the officials said on Tuesday.
Kolkata, Jan 17 (PTI) Coal India Ltd (CIL) and trade unions are awaiting the government's approval for a wage agreement that recommends a 19 per cent minimum guaranteed benefit to 2.38 lakh non-executive employees of the miner, the officials said on Tuesday.
CIL and four central trade unions - BMS, HMS, AITUC and CITU – had on January 3 inked a memorandum of understanding (MoU) as part of the ongoing National Coal Wage Agreement –XI.
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"The wage hike recommendation is now with the Department of Public Enterprises for its approval,” All India Coal Workers' Federation (AICWF) General Secretary D D Ramanandan told PTI.
The Department of Public Enterprises is under the Ministry of Finance.
A CIL official also confirmed that “the new wage recommendation has been forwarded to the government for its approval”.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)