STOCK MARKET BSE NSE

Vizag steel plant unions serve one-day strike notice demanding wage revision

All unions have tried their best to convince the management for early commencement of wage negotiation with a positive approach.

Published: 16th June 2021 07:07 AM  |   Last Updated: 16th June 2021 07:07 AM   |  A+A-

Vizag steel plant

Vizag steel plant

By Express News Service

VISAKHAPATNAM: All 16 unions of Vizag steel plant served a joint strike notice on the management on Tuesday to go on a one-day strike on June 29 demanding wage revision, which has been pending for since 2017 and also against disinvestment and decision to privatise units of SAIL and RINL.

In the notice addressed to CMD of RINL, they said workers of SAIL and RINL waited for 46 months for wage revision. Even during the pandemic, both contract and permanent workers of RINL strove to achieve turnaround of the company when the national economy was crippling.

All unions have tried their best to convince the management for early commencement of wage negotiation with a positive approach. They said their efforts went in vain as the management did not come forward with a respectable offer for wage revision. They said they already placed a charter of demands to settle the wage agreement for both permanent and contract workers.

They also demanded in the notice among other things 15 percent of MGB (minimum guaranteed benefit), 35 per cent increase in perks, variable DA, enhancement of management contribution to pension fund to 9 per cent, revision of wages of contractual workers and immediate recruitment of non-executives. 



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

edexworks
flipboard facebook twitter whatsapp