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The 10th pay revision of NMDC Unionised category workmen wage agreement was signed today in New Delhi.
In the State-owned iron ore mining company, NMDC, pay scales and other benefits of work men are revised every five years.
Pay revision
Last time the pay revision was effective from January 1, 2012.
The pay revision was due with effect from January 1, 2017, according to a NMDC statement.
The NMDC management and All India NMDC Workers Federation had long negotiation for revision of their pay scales and other benefits. An agreement was arrived in a bipartite committee between NMDC management and Unions on November 22, 2018.
Tripartite agreement
Today the tripartite agreement for revision of pay scales and other benefits was arrived in a meeting organized in New Delhi in the presence of the leaders of All India NMDC Workers Federation lead by RD Tripathi and other senior officers in the presence of Rajan Verma, Chief Labour Commissioner among others.
N Baijendra Kumar, CMD, NMDC said this revision would boost the morale of the employees and would also go a long way in improving production, productivity and profits of NMDC
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