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Business Daily from THE HINDU group of publications Friday, August 21, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1600 hrs (IST)
Logistics NACIL Technicians Assn oppose move to reduce PLI MUMBAI: A day after the National Aviation Company of India Limited (NACIL) management announced a 50 per cent cut in productivity-linked incentive (PLI), a section of its technical staff on Friday said the move was not acceptable to them. “We have told the management that we will not accept any cut unless revised PLI of certain categories is brought back to the pre-2007 level,” Indian Airlines' Technicians Association President Mr M S Kulkarni said. The PLI of some categories of both employees and officers have already been revised over a period of time, Mr Kulkarni said without giving specifics. “The money paid to the beneficiaries of the revised PLI should be recovered before reducing it across th e board,” he said. The NACIL Board had yesterday announced a 50 per cent cut in PLI/flying allowance payable to its employees. NACIL is the holding company formed after the merger of Air India and Indian airlines into a single entity. - PTI
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