Business Daily from THE HINDU group of publications
Wednesday, Jul 12, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - PSU
5 PSUs' officers threaten stir on pay-related issues

Our Bureau

New Delhi , July 11

Officers' associations of five public sector undertakings, including NTPC, Coal India, and SAIL, today threatened to go on strike if the Government failed to meet their demands, including greater financial autonomy on deciding pay and allowances of employees.

The joint forum of officers' associations of NTPC, National Hydroelectric Power Corporation, Power Finance Corporation, Coal India Ltd, and SAIL, has petitioned the Government demanding financial autonomy for deciding pay and allowances, removal of monetary ceiling on gratuity, and merger of dearness allowance with basic pay.

"We would be launching an agitation from August if the issues are not resolved by July 31," Mr V.K.M. Tripathi, Chairman of NTPC Executives' Federation of India, told newspersons.

He added that the officers of the five companies would hold demonstrations in front of the Department of Public Enterprises on August 1-2.

The officers would also give notice of strike to their respective Ministries shortly and submit a memorandum to the Prime Minister, Dr Manmohan Singh.

The officers plan to hold a relay hunger strike on September 5-6, followed by a token strike on September 12, he said, adding that the joint forum has decided to go on indefinite strike after September 12 if the demands were not met.

Mr S.P. Mishra, Working President of the Coal Mines Officers' Association of India, said that there are about 46,000 officers in the five companies, all of whom would go on strike.

Coal India alone has about 19,000 officers, he said, adding that a strike by all officers would adversely affect work in these firms and impact production of coal, steel and power generation.

More Stories on : PSU | Human Resources

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



Stories in this Section
Trends in employment and poverty


TMB hikes NRE, FCNR rates
Bullish outlook for cement firms on back of higher prices
Lalit Bhasin is new president of IIBA
TDSAT to use SMS as case-alert
Surge and plunge of the Paris Club
Kerala's fiscal deficit correction on course
Fishermen object to Vizag textile park
Excise, customs duty collections rise in Q1
Modi signs protocol of cooperation with Astrakhan of Russia
`Net'ting high
Chikungunya on the decline in AP
5 PSUs' officers threaten stir on pay-related issues
GAIL in talks with Yemen Govt for LNG
CERC moots uniform tariff for SERCs
Tata Power signs pact with Siemens arm
Sisspa urges TUFS loans continuation
ICAI proposes to come up with newer accounting standards
Pak mulls spl visa window for Indians
Train blasts rock Mumbai
`It felt like large stones were pelting down on the train roof'
Cellphones of no help in crisis situations
Alumni give Rs 1-crore endowment to IIMA
June car sales up 24.5 pc as price hikes loom
Fortis gearing up for mega facility in Gurgaon
Confusion on eve of Century Textiles AGM
Insat-4C loss: ISRO to decide on accommodating DTH operators
ISRO crash probe panel soon
Foundation ceremony
FICCI moots growth strategy for film industry
Sticklish singles
ICRA appoints new Directors
Kerala seeks disaster relief from Centre
Goa to have two more international flights
Corruption and reform


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

Copyright © 2006, 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