The Coal Mines Officers' Association of India (CMOAI) has said it may resort to indefinite stir if the demands are not met even after the 3-day strike.
‘Significantly, all the Maharatna PSUs except Coal India Ltd have already been given order for payment of Performance Related Pay (PRP) by their ministries concerned... We are constrained to communicate to you our strike notice w.e.f 13 March, 2014 to meet our genuine and justified demands,’ CMOAI said in a letter to CIL Chairman and Managing Director.
‘We, therefore, appeal to you and all concerned to take immediate remedial measures so that the long pending issues are settled expeditiously without any further delay. In case the demands are not fulfilled latest by 12 March, 2014, this letter may be treated as our final notice for strike,’ it said.
The demands include finalisation and payment of PRP pending since 2007, immediate refund of recovered performance -linked pay advance from retired executives, immediate implementation of new pension scheme and removal of pay anomaly of different grades in general and in particular junior grades among others, it added.
Earlier, Department of Public Enterprises had strongly objected to the Coal Ministry's proposal on performance related pay for executives of CIL's subsidiaries from its consolidated account, stating that it will have wider ramifications as other PSUs may seek similar dispensation. As per the DPE guidelines, in the absence of sufficient profit before tax (PBT), loss-making CPSEs are not allowed to distribute performance related pay and there is no concept of providing PRP based on the consolidated account of holding company.
‘The DPE is not in favour of providing PRP to CIL's loss making arms, as it is not in line with its guidelines. They have strongly objected to any such move,’ the official had said. However, the Coal Ministry had sought permission for allowing CIL to determine the corpus of PRP due since 2007 on profit before tax based on its consolidated accounts and not from the individual accounts of the subsidiaries. CIL will have to shell out about Rs 200 crore on account of PRP to loss-making subsidiaries, including Eastern Coalfields Ltd (ECL), if the proposal is accepted. The Coal Ministry in its proposal had said that CIL is the holding company which appointed executives and controlled the cadre, also transferring functionaries from one arm to another on promotion. At present, as per the 2007 pay revision, PRP is directly linked to PBT and rating of a PSU besides performance of individual executives. CIL accounts for over 80 per cent of domestic coal production and has eight subsidiaries: ECL (West Bengal), BCCL (Jharkhand), Central Coalfields (Jharkhand), South Eastern Coalfields (Chhattisgarh), Western Coalfields (Maharashtra), Northern Coalfields (Madhya Pradesh), Mahanadi Coalfields (Orissa) and Central Mine Planning and Design Institute (Ranchi).
‘Significantly, all the Maharatna PSUs except Coal India Ltd have already been given order for payment of Performance Related Pay (PRP) by their ministries concerned... We are constrained to communicate to you our strike notice w.e.f 13 March, 2014 to meet our genuine and justified demands,’ CMOAI said in a letter to CIL Chairman and Managing Director.
‘We, therefore, appeal to you and all concerned to take immediate remedial measures so that the long pending issues are settled expeditiously without any further delay. In case the demands are not fulfilled latest by 12 March, 2014, this letter may be treated as our final notice for strike,’ it said.
The demands include finalisation and payment of PRP pending since 2007, immediate refund of recovered performance -linked pay advance from retired executives, immediate implementation of new pension scheme and removal of pay anomaly of different grades in general and in particular junior grades among others, it added.
Earlier, Department of Public Enterprises had strongly objected to the Coal Ministry's proposal on performance related pay for executives of CIL's subsidiaries from its consolidated account, stating that it will have wider ramifications as other PSUs may seek similar dispensation. As per the DPE guidelines, in the absence of sufficient profit before tax (PBT), loss-making CPSEs are not allowed to distribute performance related pay and there is no concept of providing PRP based on the consolidated account of holding company.
‘The DPE is not in favour of providing PRP to CIL's loss making arms, as it is not in line with its guidelines. They have strongly objected to any such move,’ the official had said. However, the Coal Ministry had sought permission for allowing CIL to determine the corpus of PRP due since 2007 on profit before tax based on its consolidated accounts and not from the individual accounts of the subsidiaries. CIL will have to shell out about Rs 200 crore on account of PRP to loss-making subsidiaries, including Eastern Coalfields Ltd (ECL), if the proposal is accepted. The Coal Ministry in its proposal had said that CIL is the holding company which appointed executives and controlled the cadre, also transferring functionaries from one arm to another on promotion. At present, as per the 2007 pay revision, PRP is directly linked to PBT and rating of a PSU besides performance of individual executives. CIL accounts for over 80 per cent of domestic coal production and has eight subsidiaries: ECL (West Bengal), BCCL (Jharkhand), Central Coalfields (Jharkhand), South Eastern Coalfields (Chhattisgarh), Western Coalfields (Maharashtra), Northern Coalfields (Madhya Pradesh), Mahanadi Coalfields (Orissa) and Central Mine Planning and Design Institute (Ranchi).