NLCIL inks wage pact with trade unions; 10,000 employees to be benefitted

NLC India Limited, a Navratna CPSE under the Ministry of Coal, has signed a wage agreement with trade unions, which represents nearly 10,000 employees on the rolls under the non-executive category.

The revision of wages, allowances and incentive schemes benefiting the 10,000 employees was due since January 1, 2017.

To revise the same, a Joint Negotiation Committee was formed comprising the representatives of the management and the trade unions (CITU & LPF) based on guidelines receiving from DPE, Government of India. 

The committee after holding several rounds of negotiations had arrived at a consensus and the same was finalised by the senior management