Kolkata: Coal India Ltd (CIL) and trade unions are awaiting the government's approval for a wage agreement that recommends a 19 percent minimum guaranteed benefit to 2.38 lakh non-executive employees of the miner, said the officials on Tuesday.
CIL and four central trade unions namely, BMS, HMS, AITUC and CITU had on January 3 inked a memorandum of understanding (MoU) as part of the ongoing National Coal Wage Agreement XI.
"The wage hike recommendation is now with the Department of Public Enterprises for its approval," said D D Ramanandan, All India Coal Workers' Federation (AICWF) General Secretary.
A CIL official also confirmed that "the new wage recommendation has been forwarded to the government for its approval."
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)