CIL aims to conclude wage pact for non-exec workforce at earliest: Govt

State-owned (CIL) is aiming to conclude wage pact for its non-executive workforce at the earliest, according to an official statement.

“Coal India Ltd (CIL) has held five meetings under NCWA XI so far. Negotiations for mutually agreeable pact (is) in progress,” the Ministry of Coal said in the statement on Wednesday.

According to the ministry, the company aims to conclude the wage pact of its non-executive workforce at the earliest in a mutually agreeable manner.

CIL maintains amicable and harmonious relations with its Unions and strives to avoid any discordance or strikes in view of the importance of the coal sector in the country. The negotiations are in progress and it usually takes time to conclude the pact, the ministry said.

“It is pertinent to mention that CIL was the first CPSU in the country to have successfully concluded the previous three wage agreements. Keeping up this tradition, CIL hopes to quickly seal the wage pact this time as well,” the statement said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Source link

Comments are closed.