news of wage revision of sail

More than 90,000 SAIL employees to benefit from historic ...

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, Hon’ble Steel Minister – Sri Narendra Singh Tomar had approved the wage revision for SAIL employees which paved way for finalization of ...

sail pay revision latest news - paramounthotels.in

Steel Authority of India Ltd is the largest steel producer in India with the widest range of steel productsSail E News July 2017 . Read more. Wage Revision Latest & Breaking News on Wage Revision . Get all latest & breaking news on Wage Revision Watch videos top stories and articles on Wage Revision at moneycontrolcom.

7cpc.india.gov.in: What is the 7th pay commission hike in ...

Now, Coming to the exact topic. Since the pay revision of PSUs employees have to be financed from the resources of concerned PSUs itself, unlike the case of Central Govt employees where It is financed through Budgetary resources, It is very difficult to give even a …

BHPV employees to get 1997 wage revision arrears - The Hindu

News. Cities. Visakhapatnam. Visakhapatnam BHPV employees to get 1997 wage revision arrears ... In the agreement in 2012, there was no mention of 2007 wage revision and payment of arrears.

SAIL news - Latest News on SAIL news | Read Breaking News ...

SAIL wage revision soon; annual outgo to rise by Rs 1,000 cr. Wage revision in SAIL, done every five years, is pending since January 2012 due to differences on the extent of hike between the company management and its unions' umbrella body, National Joint Committee for …

New Steel Minister okays wage revision in SAIL, 85k to ...

Jun 12, 2014· Following the Ministry's approval, SAIL would now sign an agreement with the employees and within a month of that the revision would be implemented. Initially, union representatives involved in the wage revision talks were demanding a 21.6% hike, similar to the rise in 2007, in basic and dearness allowances.

Will BHEL implement a 3rd pay revision for PSU on the same ...

BHEL has made a provision of Rs 961 crore for 2016-17 based on the estimates as per third pay revision committee recommendation in view of pending finalisation of agreement for wage/salary structure due from January 1, 2017. NOTE: this 15% Hike is after IDA Merge With basic pay . Normally This 15% is fitment benefits .

SAIL 3rd pay revision | SAIL pay commission 2017 & IDA ...

Jul 20, 2017· But for CPSUs company pay revision will be effective from one year later or January 01, 2017. sail 3rd pay revision most awaiting news. IDA is increased from 01 July 2017 by 1.9 percent of Basic pay. SAIL pay revision recent update news and new circular

SAIL wage revision soon; annual outgo to rise by Rs 1,000 ...

Annual wage outgo of SAIL will go up by at least Rs 1,000 crore with the PSU set to sign a pact with its 85,000 non-executives for a 16 per cent hike in basic and dearness allowances and six per cent

SAIL News: Latest News Updates on SAIL, SAIL Results News ...

Get latest SAIL News/Updates and Results/Analysis. Also get SAIL Share/Stock detailed Information on SAIL along with top stories and articles on SAIL during last 6 months.

sail employees salary revision 2012 - BINQ Mining

SAIL's wait for positives continues | Business Standard. 26 Sep 2012 … Steel Authority of India's (SAIL) stock jumped per cent on Friday after … concern and can be impacted by the implementation of pending wage revisions. …Analysts says the steel production per employee is the lowest for SAIL.… from January 2012, analysts feel that significant upwards revision in wages …

Bank Employees To Protest For Pay Hike As Wage Revision ...

In a meeting held on 5 May 2018 to negotiate the wage revision between the IBA and the United Forum of Bank Unions (UFBU) — which comprises the nine major employees’ unions and officers’ associations — the IBA offered a mere 2 per cent increase over the total wage bill of banks as on 31 March 2017.

NJCS: Latest News & Videos, Photos about NJCS | The ...

Aug 21, 2013· SAIL wage revision soon; annual outgo to rise by Rs 1,000 cr 12 Jan, 2014, 01.12PM IST. SAIL has already made the required provisions for paying out majority of the arrears and the disbursement would be made soon after the wage revision pact is signed.

Harried RSP employees plan stir- The New Indian Express

Aug 30, 2017· ROURKELA: Officers and employees of Rourkela Steel Plant are apprehensive of favourable pay revision, which is pending for the last 10 and five years respectively, with SAIL …

More than 90,000 SAIL employees to benefit from historic ...

Feb 07, 2014· 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, Hon’ble Steel Minister – Sri Narendra Singh Tomar had approved the wage revision for SAIL employees which paved way for finalization of ...

"INDIAN" BANKKUMAR - Blogger

Talks with IBA on wage revision – Offer increased to 8% UFBU meeting – Call given for All India Strike on 26th Dec. 2018 against amalgamation of Bank of Baroda, Dena Bank and Vijaya Bank. After the last round of discussions held on 12-10-2018, there was another round of Bipartite Talks between IBA and UFBU today in Mumbai.

Steel minister Narendra Tomar okays wage revision in SAIL ...

Steel minister Narendra Tomar okays wage revision in SAIL Hike of 17% in basic, dearness allowances and 6% rise in perks for SAIL’s non-executive employees was approved by Tomar

BHEL 3rd Pay Revision latest news | 3rd PRC Order 2018

Aug 17, 2018· BHEL 3rd PRC Implementation order issued for 10% fitment benefit from 01.01.2017 August 17, 2018 August 17, 2018 by Nika Patel The Department of Public Enterprises has issued office memorandum for the pay revision of Board Level & Below board level executives in the central public sector enterprises on 3 Aug 2017.

hseubhilai - NJCS

Unity of the trade unions and workers was also firmed up during the process of negotiations. CITU also launched struggles against the delay and demanding reasonable settlement of the wage revision. Among the PSUs, in SAIL we are able to arrive at an agreement taking into consideration the plight of the contract workers.

sail pay revision latest news - BINQ Mining

Wage hike may dent SAIL's profits – Business Line. Wage revision for over one lakh employees, excluding officers, is due for … Based on the current revenue, employee wages account for about 20 per cent of SAIL's … News Education International Politics Science Sports …

SAIL wage revision soon; annual outgo to rise by Rs 1,000 ...

SAIL wage revision soon; annual outgo to rise by Rs 1,000 cr. Wage revision in SAIL, done every five years, is pending since January 2012 due to differences on the extent of hike between the company management and its unions' umbrella body, National Joint Committee for Steel (NJCS).

Wage revision for non-executives of SAIL and RINL settled ...

Jul 02, 2014· The SAIL release, however, did not mention the rate of hike. Steel Minister Narendra Singh Tomar had approved the wage revision for SAIL and RINL employees around a fortnight ago paving the way for finalisation of the wage settlement.

The Hindu : Business : SAIL announces wage revision

SAIL announces wage revision By Our Special Correspondent NEW DELHI, JUNE 29. With a record profit of over Rs. 2,500 crores during 2003-04, the Steel Authority of India Limited today announced ...

Wage Revision | Latest & Breaking News on Wage Revision ...

Sep 26, 2011· The proposed price hike by state-run Coal India Ltd (CIL) is unlikely before the beginning of next year and will take place after evaluating the impact of the wage revision…

Wage Revision for Rashtriya Ispat, SAIL Non-Executives Settled

Jul 03, 2014· Steel Minister Narendra Singh Tomar had approved the wage revision for SAIL and RINL employees around a fortnight ago paving the way for finalisation of the wage settlement.

Decision on wage revision for SAIL employees remain ...

A meeting between SAIL management and workers' representatives to discuss issues related wage revision for non-executives ended inconclusive on Saturday. The meet that lasted nearly five hours failed to arrive at a decision, dashing hopes of 85,000 employees for an early resolution on revision …

No decision on wage revision for SAIL employees - The ...

Aug 24, 2013· SAIL has now a little less than one lakh manpower that includes aorund 85,000 non-executives. However, its wage bill for the April-June quarter went up due to higher provisioning for wage revision and actuarial impact.

Steel Minister Approves Wage Revision in SAIL: Report

New Delhi: SAIL's around 85,000 non-executives will soon get higher pay packages as the Steel Ministry has approved a long-pending wage revision in the Mahanratna company.

SAIL (WAGE Revision ) - Home | Facebook

SAIL (WAGE Revision ) - KIRIBURU IRON ORE MINE, Kiriburu, India 833222 - Rated 3.9 based on 150 Reviews "Any how wage revision before lok sabha... Jump to Sections of this page

Memorandum on Wage revision - freewebs.com

WAGE REVISION IN BSNL AFTER 11 YEARS. While the non-executives in other CPSEs had the last wage revision as on 01.01.1997, the employees in BSNL had their last wage revision on 01.01.1996, since they were Central Government employees at that time and revision made as per VI …