Saturday, 11 Jun 2011
Powmex Steel a unit of Graphite India Ltd at Titlagarh in Bolangir district resumed production today after being shut down for three months following the death of its Deputy General Manager due to labour unrest.
Meanwhile an amicable settlement has been reached between the striking workers and the company management facilitating reopening of the plant.
The company has agreed to pay additional INR 900 per month to the contractual workers and INR 1,900 per month to the permanent workers following intervention of the state labour department.
All the pending cases between the workers and the company will be settled amicably and steps will taken at the earliest to pay the arrear salaries to the workers for the last 3 months.”
Mr Pushpendra Singh Deo state labour and employment minister said that besides, the company will provide additional medical insurance coverage and incentive up to INR 500 per month to the workers depending on the production and sales.
Mr Gopal Srinivasan executive director of Powmex Steel said that “We are ecstatic about the reopening of the company as the livelihood of 550 families depends upon the company.”
(Sourced from BS)
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