Financial Daily from THE HINDU group of publications
Monday, Jul 18, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Corporate - Trade & Labour Unions
Industry & Economy - Coal


INTUC welcomes coal wage pact

Our Bureau

Hyderabad , July 17

THE Indian National Trade Union Congress (INTUC) has described the National Coal Wage Agreement as historic as it is significantly different from other similar wage pacts.

The Working President of INTUC and member of the National Coal Wage Board, Mr B. Venkat Rao, and Mr B. Janak Prasad, Senior General Secretary of INTUC in Singareni Collieries Company Ltd (SCCL), said that the new wage pact means that the coal mining employees would get benefits ranging from Rs 1,440 per month to Rs 2,576 per month.

Despite being under the Board of Industrial and Financial and Reconstruction (BIFR) purview, two coal companies, ECCL and ECL, have been covered under the wage pact. Normally, these companies would not have been covered by the wage pact, they added.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Shareholders fault SRP Tools promoters for inadequate disclosure


`Settlement of family feud likely by Sept'
People, planet and profit — Three Ps of corporate social responsibility
Poor response to HLL's VRS offer
Rakesh Jhunjhunwala to acquire 13.5% in Viceroy Hotels
Bajaj Auto plans assembly operations in Jakarta
Bengal Unitech plans real estate projects worth Rs 3,000 crore
Ampa mall to open in Chennai late next year
INTUC welcomes coal wage pact
EIH sees topline growth of 40 pc


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line