The Cement Manufacturers’ Association (CMA), the only employers’ representative body for the industry, has decided to grant its workers...
The Cement Manufacturers’ Association (CMA), the only employers’ representative body for the industry, has decided to grant its workers a 33% hike in salary, under a fresh wage accord. A settlement to this effect has been reached with the National Federation of Trade Unions (INTUC, BMS, AITUC, HMS, CITU and LPF), representing cement workers across the country.
The settlement, effective April 1, 2014, provides for an increase of Rs 6,000 per month in the gross pay of cement workers (to be paid in two installments of Rs 3,000 each in April 2014 and September 2016), which translates into an increase of 33% in their salary. It also provides for enhanced dearness allowance benefits. The arrears for 16 months will be paid in two instalments, said cement industry sources in Chennai. CMA has been representing the employers in wage negotiation since 1978. The current settlement was reached between CMA and representatives of trade unions before chief labour commissioner P P Mitra in New Delhi. Those present on the occasion included N Srinivasan, vice-chairman and MD, India Cements, O P Puranmalka, president of CMA; S Chouksey, vice-president; N A Viswanathan; secretary-general; and representatives of the trade unions.
“The current settlement is unique in today’s scenario since it is perhaps the only nationwide settlement reached for workers of a major organised industry in the private sector,” said Srinivasan.