New Delhi (05.01.2023):Coal India Ltd (CIL) and the four central trade unions BMS, HMS, AITUC and CITU have inked a Memorandum of Understanding (MoU) recommending 19 per cent Minimum Guaranteed Benefit (MGB) to its 2.38 lakh non-executive employees as part of the ongoing National Coal Wage Agreement.
MGB of 19 per cent is on the emoluments as of June 30, 2021 which include basic pay, variable dearness allowance, special dearness allowance and attendance bonus. The Telangana-based Singareni Collieries Company Ltd (SCCL) is the other signatory to the MoU. A total of around 2.82 lakh employees of both the state owned coal entities, CIL and SCCL, who were on the rolls of the company as of July 1, 2021, would be the beneficiaries. SCCL’s employees account for close to 44,000.
New Delhi (05.01.2023):Coal India Ltd (CIL) and the four central trade unions BMS, HMS, AITUC and CITU have inked a Memorandum of Understanding (MoU) recommending 19 per cent Minimum Guaranteed Benefit (MGB) to its 2.38 lakh non-executive employees as part of the ongoing National Coal Wage Agreement.
MGB of 19 per cent is on the emoluments as of June 30, 2021 which include basic pay, variable dearness allowance, special dearness allowance and attendance bonus. The Telangana-based Singareni Collieries Company Ltd (SCCL) is the other signatory to the MoU. A total of around 2.82 lakh employees of both the state owned coal entities, CIL and SCCL, who were on the rolls of the company as of July 1, 2021, would be the beneficiaries. SCCL’s employees account for close to 44,000.
