Ahead of Diwali Union Steel Minister announces Rs 28000 bonus wage revision for MOIL employees
Nagpur Oct 31 PTI Union Minister of Steel Ram Chandra Prasad Singh on Sunday announced a bonus of Rs 28000 as well as wage revision for the employees of the state-owned Manganese Ore India Limited MOIL Singh was addressing a gathering at the inauguration 2nd Vertical Shaft Chikla Mine and various other facilities of the company based at Nagpur in Maharashtra He announced a production-linked bonus of Rs 28000 for all the MOIL employees which will be paid before the upcoming Diwali festival The wage revision is for 10 years with effect from August 1 2018 to July 31 2027 and will benefit around 5800 employees of the company it said in a release It is based on an MoU arrived between the companys management and the MOIL Kamgar Sanghatan a recognised union of its employees The proposal includes fitment benefit of 20 per cent and perks allowances at the rate of 20 per cent the release said An interim relief at 12 per cent of the basic and dearness allowance DA was given by the company with effect from May 2019 it said PTI CLS GK GK
Nagpur Oct 31 PTI Union Minister of Steel Ram Chandra Prasad Singh on Sunday announced a bonus of Rs 28000 as well as wage revision for the employees of the state-owned Manganese Ore India Limited MOIL Singh was addressing a gathering at the inauguration 2nd Vertical Shaft Chikla Mine and various other facilities of the company based at Nagpur in Maharashtra He announced a production-linked bonus of Rs 28000 for all the MOIL employees which will be paid before the upcoming Diwali festival The wage revision is for 10 years with effect from August 1 2018 to July 31 2027 and will benefit around 5800 employees of the company it said in a release It is based on an MoU arrived between the companys management and the MOIL Kamgar Sanghatan a recognised union of its employees The proposal includes fitment benefit of 20 per cent and perks allowances at the rate of 20 per cent the release said An interim relief at 12 per cent of the basic and dearness allowance DA was given by the company with effect from May 2019 it said PTI CLS GK GK
