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Good News: Salary of these employees will increase by 10 thousand rupees, gift of salary hike received on Diwali

7th  pay commission Latest News: SAIL employees have received a wonderful gift. There has been an agreement on revision in their salary and allowances. An agreement was reached between the management and the workers’ unions at the core group meeting of the National Joint Committee for Steel (NJCS) last week. Hind Mazdoor Sabha (HMS) leader Rajendra Singh, who attended the meeting held at Hotel Ashoka in New Delhi, said that according to the new agreement, it has been agreed to give 26.05 percent perks (salary-allowance) to all the employees of SAIL. With this agreement, more than 70 thousand workers working in various plants and units of SAIL across the country can get a monthly benefit of six to ten thousand rupees.




Representatives of various recognized labor unions AITUC, INTUC, HMS, CITU and BMS along with top management officials of SAIL attended the meeting. Following the agreement, representatives of SAIL management and three labor unions AITUC, INTUC, HMS signed the MoU, while two unions CITU and BMS have disagreed on less than 28 per cent allowance.

According to HMS leader Rajendra Singh, the wage revision of SAIL workers was pending since January 1, 2017. 30 percent allowance was being demanded by the unions, but after a long debate and deliberation between the two sides, the management agreed to pay 26.05 percent allowance. The management has also agreed to pay arrears to all the workers as per the new agreement from January 2020.

Rajendra Singh said that a second meeting would be organized soon on the issues related to the salary and housing allowance of the contract workers of SAIL. Let us inform that the issue of pending pay revision of SAIL employees had also raised in Parliament recently. Raising this issue, MP of Durg, Chhattisgarh, Vijay Baghel had said that the profit of SAIL for the last three years is more than 5 thousand crores, but despite this, the decision is not being taken on the salary revision of the employees.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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