Gujarat Urja Vikas Nigam Ltd (GUVNL) associations sign MoM on Pay Panel suggestions

All eight associations of the Gujarat Urja Vikas Nigam Ltd (GUVNL) have approved the memorandum of minutes (MoM) with the GUVNL management over implementing the recommendations of the Sixth Pay Commission for its employees.

All Gujarat Vidhyut Kamdar Sangh (AGVKS) was the first to sign the MoM. Following this, other associations signed it on June 4.

The GUVNL has sent the MoM to the state government’s finance department for its approval. Girish Joshi, general secretary, AGVKS, said, “Every one has signed the MoM and we expect some decision from the government soon.” The AGVKS has appealed the government to issue the final orders as soon as possible.

Earlier, the union rivalry had put the process on hold. As per sources, the GEB Engineers’ Association was not happy with the hike in the employees’ salaries and it had suggested some changes.

After the government approves the draft, it will be sent to the GUVNL board. It will be implemented only after the GUVNL board approves it.

As per the new MoM, the employees’ allowance has been hiked by 1 per cent. The net pay, which was reduced in the revised MoM, has also been restored up to 75 per cent. Besides, the incentive scheme in which the employee contribution was earlier four per cent against the company contribution of 2 per cent, has been revised and made 4 per cent for both the parties. The corpus will now be of 8 per cent.

AGVKS is the largest GUVNL association with more than 26,000 supporting employees.

Source : Indian Express.