Pact between HAL management & striking unions likely on Dec 5: Defence Minister

Image
Press Trust of India New Delhi
Last Updated : Dec 02 2019 | 4:05 PM IST

Defence Minister Rajnath Singh on Monday said in Rajya Sabha that the strike by trade unions of Hindustan Aeronautics Ltd (HAL) was in the process of being called off following meetings between the management and labour unions and a pact in this regard is likely to be signed on December 5.

The workers had gone on a strike from October 14 to October 22 to press for their demand of 15 per cent fitment benefit and 35 per cent perks with effect from January 1, 2017 on par with executives. They had resumed work on the direction of the High Court, Singh said during the Question Hour.

"As far as Hindustan Aeronautics Ltd strike is concerned, it is in the process of being called off," the Defence Minister said in reply to a supplementary question.

"Thirteen rounds of sittings between the management and labour unions have been held. The last meeting was held on November 28 and 29. As far as information received, the management offer has been accepted by the labour unions. The next meeting has been called on December 5 in which an MoU will be signed," he said.

The minister said that the HAL management has negotiated with workmen and trade unions for their wage revision based on government guidelines of November 24, 2017 on wage policy for Central Public Sector Enterprises.

The labour union had resumed work after the High Court judgement but negotiations were on between the management and the labour unions, the Minister said.

The issue of wage revision has been discussed by HAL management in consonance with the statutory provisions and also keeping in mind the interest of the company, employees and nation at large, he added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 02 2019 | 4:05 PM IST

Next Story