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HomePersonal FinanceBig News for 'SAIL Employees'! SAIL employees will get 26.05 percent salary...

Big News for ‘SAIL Employees’! SAIL employees will get 26.05 percent salary and allowances, agreement reached in NJCS, check details

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Hind Mazdoor Sabha (HMS) leader Rajendra Singh, who attended the meeting held at Hotel Ashoka in New Delhi, said that according to the new agreement, it has been agreed to give 26.05 percent perks (salary-allowance) to all SAIL employees.  



The Steel Authority of India Limited (Steel Authority of India) has agreed to revise the salary and allowances of SAIL personnel. An agreement was reached between the management and the workers’ unions in the core group meeting of the National Joint Committee for Steel late on Thursday night.

Hind Mazdoor Sabha (HMS) leader Rajendra Singh, who attended the meeting held at Hotel Ashoka in New Delhi, said that according to the new agreement, it has been agreed to give 26.05 percent perks (salary-allowance) to all SAIL employees. With this agreement, more than 70 thousand workers working in various plants and units of SAIL across the country can get a monthly benefit of six to ten thousand rupees.

Representatives of various recognized labor unions AITUC, INTUC, HMS, CITU and BMS along with top management officials of SAIL attended the meeting. After the agreement, representatives of SAIL management and three labor unions AITUC, INTUC, HMS signed the MoU, while two unions CITU and BMS have disagreed on less than 28 per cent allowance.



According to HMS leader Rajendra Singh, the salary revision of SAIL workers was pending since January 1, 2017. 30 percent allowance was being demanded by the unions, but after a long debate and deliberation between the two sides, the management agreed to pay 26.05 percent allowance. The management has also agreed to pay arrears to all the workers as per the new agreement from January 2020.

Rajendra Singh said that a second meeting will be held soon on the issues related to the salary and housing allowance of the contract workers of SAIL.

Let us tell you that the issue of pending pay revision of SAIL employees had also raised in Parliament recently. Raising this issue, MP of Durg, Chhattisgarh, Vijay Baghel said that the profit of SAIL for the last three years is more than 5 thousand crores, but despite this, the decision is not being taken on the salary revision of the employees.


Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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