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Usha Martin union raises concern over irregular payment of salaries at Ranchi plant

Press Trust of India  |  New Delhi 

A union of has raised concerns about irregular payment of salaries and sought government's intervention for sale of the company's in to

Hind Ltd has written a letter to Chief Minister over the issue, weeks after announced the acquisition of the business of Ltd (UML) for Rs 4,300-4,700 crore.

"We the workers of Usha Martin Ltd, Tatisilwai, Ranchi (Jharkhand) want to draw your attention towards the exploitation meted out to the workers of the company by the management of the company...From the past two to three years the company is not paying the salaries to its workers on time," the letter noted.

The union has also urged the government that company should be acquired by the Steel so that the future of the employees is secure.

is spread across an area of more than 100 acres, and employs more than 1,700 people. The wire ropes produced in this plant are used in & offshore, mining, crane, elevator, aerial ropeway, and bridges, as per the company website.

Tata Steel, in September, said it has executed definitive agreements for acquisition of the steel business of UML through a slump sale on a going concern basis.

The deal is expected to be completed in 6-9 months, it had added.

Usha Martin is amongst the largest in the world and a in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 08 2018. 15:35 IST
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