December 06, 2025 07:43 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Centre imposes temporary fare caps as ticket prices defy gravity amid IndiGo meltdown | 'Action is coming': Aviation Minister blames IndiGo for countrywide air travel chaos | In front of Putin, PM Modi makes bold statement on Russia-Ukraine war: ‘India is not neutral, we side with peace!’ | Rupee weakens following RBI repo rate cut | RBI slashes repo rate by 25 basis points — big relief coming for borrowers! | 'Mamata fooled Muslims': Humayun Kabir explodes after TMC suspends him over 'Babri Masjid-style mosque' demand; announces new party | Mosque in the middle of Kolkata airport? Centre confirms flight risks, BJP fires at Mamata | Sam Altman is betting big on India! OpenAI in advanced talks with Tata to build AI infrastructure | Government removes mandatory pre-installation of Sanchar Saathi App. Know all details | Calcutta HC overturns controversial Bengal job annulment — 32,000 teachers rejoice!

90,000 SAIL employees to benefit from Wage agreement

| | Jul 03, 2014, at 04:28 am
#90 #000 SAIL employees to benefit from Wage agreement
New Delhi, July 2 (IBNS) In a significant move, the National Joint Committee for Steel Industry (NJCS) finalised wage settlement for non-executive employees of SAIL on 1st July, 2014 in the presence of C.S. Verma, Chairman, SAIL.
The wage settlement shall be effective from 01.01.2012 and would benefit more than 92,000 employees. 
 
The wage settlement was cleared pursuant to the Memorandum of Understanding dated 25.01.2014 and approval of the SAIL Board as well as clearance of Ministry of Steel, Govt. of India.
 
Around a fortnight ago,  Steel Minister  Narendra Singh Tomar had approved the wage revision for SAIL employees which paved way for finalization of the wage settlement. The payment of wage arrears shall be made in two equal installments. The first installment shall be paid by 15 July, 2014
 
 SAIL has enjoyed a healthy tradition of robust participative fora and has enjoyed harmonious industrial relations for more than forty years. 
 
In SAIL, wage revision for non-executive employees is finalised through negotiations at national level bi-partite forum namely NJCS which has been in existence since 1969 and has now successfully effected nine wage settlements.
 
The signatories to the Agreement included Dr. Sanjeeva Reddy, INTUC, Sri Tapan Sen, CITU,  Gaya Singh, AITUC,  Rajendra Prasad Singha, HMS and several others representing the workmen and  H.S. Pati, Director (Personnel), SAIL,  Anil Kumar Chaudhary, Director (Finance),SAIL, Dr G.B.S. Prasad, Director (Personnel), RINL  and other senior officers from the Management side.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
In Images: Glimpses from Bengali film Fatafati's premiere
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm