MillenniumPost
Business

Note on efficiency-linked pay for CIL officers floated

The Coal Ministry has sought comments from various ministries, including finance, on the draft Cabinet note for implementation of performance related pay of Coal India Ltd employees, aimed at removing anomalies in salaries and wages of nearly 19,000 CIL officers.

‘The Coal Ministry had requested different ministries to send comments on the proposal enabling it to take further action in the matter,’ a source said.

The ministry has sought comments from various counterparts like law, steel and chemicals and petro chemicals.

The government had earlier floated draft note to seek the approval of the Cabinet for permitting loss and the marginally profit-making subsidiaries of CIL to adopt 2007 pay revision as an exception to the prescribed affordability clause and payment of performance related pay to the executives of all subsidiaries of CIL.

The source further said that Committee of Secretaries in the meeting held the chairmanship of Cabinet Secretary in March had recommended the proposal.

CIL executives had in March gone on a day's strike to press for implementation of performance-related pay and the new pension scheme. Coal Mines Officers Association of India called off their strike on the second day after the management assured them that it would push for early placement of their demand for performance-linked pay before the Cabinet.

Next Story
Share it