Jun 13, 2020· Get all the latest news and updates on Sail only on News18. Read all news including political news, current affairs and news headlines online on Sail today.
Jul 17, 2018· The ministry of steel on Tuesday said it has agreed to a proposal to introduce a pension scheme for employees of all steel public sector undertakings - union …
The steel ministry has agreed to introduce a pension scheme for its CPSEs like SAIL and RINL, a move which will benefit about 96,000 serving and 56,000 retired employees.. The pension scheme is estimated to cost additional financial burden of Rs 5.4 billion. "Ministry of Steel has agreed to the proposal received from various CPSEs under its control to introduce the pension scheme with effect ...
Jan 10, 2019· The Steel Executives AssociationSEA of Rashtriya Ispat Nigam Limited RINL has been fighting for superannuation pension scheme and pay revision It has …
Jul 08, 2020· pay revision: Find Latest Stories, Special Reports, News & Pictures on pay revision. Read expert opinions, top news, insights and trends on The Economic Times.
Incurring of net losses by RINL and SAIL has delayed the wage revision. Incidentally, the last pay revision for executives was made in 2007 creating a situation where some non-executives have ...
RSPEA president Bimal Bisi said, pay revision of JEs was last implemented in 2007, but that of the workers' was revised every five years and after 2012 the workers' pay scale exceeded that of JEs.
SAIL MT Salary Structure During the training period, of 1 year, the management Trainees will enjoy a basic pay of ₹20,600/- under the IDA pay scale of ₹20,600-3%-₹46,500/-. After the Training period, they will be designated as Junior Engineers wit...
ROURKELA: Officers and employees of Rourkela Steel Plant are apprehensive of favourable pay revision, which is pending for the last 10 and five years respectively, with SAIL showing negative growth.
SAIL Pay Scale Salary Designation Allowance Matrix After 7 th Pay Commission . SAIL, aka the Steel Authority of India is one of the top iron and steel makers of our country. The company has the capability of producing both basic and special steel for construction, power, …
SAIL Company News Article SAIL share /stock news, Company news and announcements, SAIL company latest article and updates, company results, business news on Moneycontrol.
Sep 03, 2019· 7th pay Commission latest news: The Steel Authority of India Limited (SAIL) has recommended 3.2 per cent hike in the Dearness Allowance (DA) for its lower grade employees. If the recommendation is accepted (which is almost likely), lower grade employees at SAIL can have a monthly salary hike from Rs 500 to Rs 1,800.
Dec 10, 2019· Latest News; Economy; ... "There has been some setback in financial year which has adversely affected the prospect of pay revision for executives of SAIL…
Mar 01, 2018· In my opinion, SAIL cannot match the jump in salaried at par with 7th pay commission, to their employees. SAIL has to pay it's employee from its own revenue. Among the steel companys in domestic sector, the maximum manpower is on SAIL,s payroll. T...
The new pay scales for the SAIL executives are based on the recommendations of the Justice S Mohan Committee set up in to revise the salaries and perquisites of the officers of public sector undertakings (PSUs). The wage revision for non-executive members of SAIL is still under negotiation.
An official of Union Ministry of Steel has clarified that the pay revision for the executives of Rashtriya Ispat Nigam Limited (RINL) and Steel Authority of India Limited (SAIL) will be ...
Wage revision of employees of SAIL. 1920 Ms. Saroj Pandey. Will the Minister of STEEL be pleased to state :-(a) whether it is a fact that the wage revision of the employees of Steel Authority of India Limited (SAIL), which comes under the Ministry of Steel, is pending since 2017; and
SAIL has also revised the salary of its 16,000 executives with effect from January 1, 2001, with fitment notionally from January 1, 1997. The revision for executives is generally as per the recommendations of the Justice Mohan Committee.
7th Pay Commision: Government crawls on allowances, wage revision issues. Once again Central government employees are ready to take on the government and are preparing to strike work as government remains slow in revising the 7th Pay Commission's recommendations on allowances, minimum wage and fitment formula.
Dec 21, 2019· State-run SAIL on Saturday said the steel industry may face disruption post March 2020 when a number of mining leases expire. A clutch of mining leases for …
Mar 30, 2020· Check out for the latest news on wage revision along with wage revision live news at Times of India + ... The state government again extended the term of the Pay Revision …
Jan 12, 2014· SAIL wage revision soon; annual outgo to rise by Rs 1,000 cr. Wage revision in SAIL, done every five years, is pending since January 2012 due to differences on the extent of hike between the company management and its unions' umbrella body, National Joint Committee for Steel (NJCS).
The above rate of DA i.e. 1 52% would be applicable in the case of IDA employees who have been allowed revised pay scales (2007) as per DPE O.Ms. dated 26.11.2008, 09.02.2009 & 02.04.2009. 3. All administrative Ministries/ Departments of the Government of India are requested to bring the foregoings to the notice of the CPSEs under their ...
The officers of Central oil public sector enterprises — ONGC, IOCL, GAIL, NTPC, SAIL, BHEL, CIL, HPCL, BPCL, NRL and CPCL, among others — have staged a Dharna at Jantar Mantar protesting against the government's decision on finalising the implementation of the third Pay Revision for CPSE executives due w.e.f January 1, 2017, as it has not ...
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New Delhi: In a significant move, the National Joint Committee for Steel Industry (NJCS) finalised wage settlement for non-executive employees of SAIL on 1st July, 2014 in the presence of Sri C.S. Verma, Chairman, SAIL. The wage settlement shall be effective from 01.01.2012 and would benefit more than 92,000 employees.