Auto Segment
Mutual Fund Segment
My Budget
Expert Speak
In Association With
Business Standard

CIL asks workers unions for common list of demands

Coal Mining
Related News

With the workers' unions of Ltd (CIL) failing to find a common ground on their demand for a salary hike, the company management has now asked them to come up with a common minimum list of demands when they meet again later next month.

"We held a meeting with the five trade unions. But there was no unanimity in their wake hike demands. So we have asked them to come up with common minimum demand for wage increment," CIL Chairman said.
"After receiving common demands from the trade unions, we will evaluate and see what can be done," Jha added.

The public sector firm is meeting again with the five -- INTUC, BMS, CITU, HMS and AITUC -- later next month to further deliberate on the wage hike.

At the beginning of this month, the workers' union of CIL called off a proposed three-day strike in support of their demand for an early revision in wages after receiving assurances from the management on early settlement of the issue.

Five leading unions at CIL had in July threatened to go on a three-day strike demanding the early revision of their wages.

Earlier, the Maharatna firm had said the trade unions at their last meeting a couple of days ago had raised separate salary hike demands ranging from 100% to 500%.

The current average basic salary of a CIL worker is about Rs 8,320 per month.

At present, CIL and its subsidiaries spend about Rs 20,000 crore on salaries every year.

Read more on:   

Read More

Ranbaxy restarts generic Lipitor production for US market

Pharma major Ranbaxy Laboratories today said it has restarted production of generic cholesterol lowering drug Atorvastatin as it looks to resume ...

Recommended for you

Quick Links


Back to Top