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| Talks fail as UCIL strike continues |
| Press Trust of India / Jamshedpur Oct 17, 2009, 18:46 IST |
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The indefinite strike by major labour unions of the government-owned Uranium Corporation Of India Limited (UCIL) entered the tenth day today with talks with management failing to break the deadlock.
The meeting convened by Chairman-Cum-Managing Director of UCIL with representatives of the four labour unions late last night failed to resolve the stalemate, company sources said.
Though both sides climbed down from their demands, they could not reach an agreement.
The UCIL authorities, who were stuck to 19 per cent hike, offered 23 per cent hike whereas the labour unions, who were demanding for 27 per cent guaranteed benefit and two increments, came down to 24 per cent and two increments.
However, the talks failed with the labour unions, who were demanding for parity with Coal India Limited (CIL), remaining adamant at 24 per cent guaranteed benefit and two increments, the sources said.
The management agreed to honour the parity with the CIL, where wage revision had taken place last year, as it amounted to 21.2 per cent increase in guaranteed benefit, they said.
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