The central government on Sunday, October 31, announced that it will implement a wage revision for the employees of state-owned company — Manganese Ore India Limited or MOIL. Not only this, in another major decision, the Centre has also said that it will pay Rs 28,000 bonus to the employees of Manganese Ore India Limited before Diwali, which falls on November 4. The announcements were made by minister for road transport & highways Nitin Gadkari and Union minister of Steel Ramchandra Prasad Singh, during a function at Nagpur held on October 31. The ministers were addressing the audience at the inauguration of the second Vertical Shaft, Chikla Mine and various other facilities of Manganese Ore India Limited.
“In a major development, approval of the wage revision of MOIL workers was announced by Shri Nitin Gadkari, Hon’ble Minister for Road Transport & Highways and Shri Ram Chandra Prasad Singh, Hon’ble Minister of Steel, Government of India in a gala function organized at Nagpur on 31st October, 2021," the Press Information Bureau of India said in a release.
It further noted that the wage revision was for a period of 10 years. with effect from 1 August 2017 up to 31 July 2027. This will benefit almost 5,800 employees of Manganese Ore India Limited, the Centre said.
“This wage revision is for 10 years’ duration w.e.f 01.08.2017 up to 31.07.2027, benefitting close to 5,800 company employees. It is based on an MOU arrived between management and recognized union of...
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