Coal India, trade unions sign pact for 19% minimum guaranteed benefit ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 13
State-owned Coal India Limited (CIL) and trade unions have agreed to a 19 per cent minimum guaranteed benefit of the monthly emolument, benefitting 2.38 lakh non-executive workers, an official statement said on Wednesday. In this regard, "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) for 2.38 lakh non-executive employees as part of the ongoing National Coal Wage Agreement XI (NCWA-XI)," Ministry of Coal said in a statement. The MoU between CIL and trade unions was signed in Kolkata on Tuesday. The MGB of 19 per cent is on the emoluments as of June 30, 2021, which include

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