The Gujarat Urja Vikas Nigam Ltd (GUVNL) on Wednesday passed the standing orders for revision of the salary of class IV, V and VI employees as per the recommendation of the Sixth Pay Commission.
The employees will be paid revised salary from June 2009. The arrears from 2006 till date will be paid in instalments.
The first instalment of 33 per cent will be paid by the end of July, said Girish Joshi, general secretary of the All Gujarat Vidhyut Kamdar Sangh (AGVKS).
As per the new memorandum of minutes (MoM) signed between the association and the GUVNL management, the allowance of employees 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.
The incentive scheme, in which the employee contribution was 4 per cent against the company contribution of 2 per cent, has been balanced (4 per cent each from both). The corpus will now be of 8 per cent.
The GUVNL management passed the order just a day ahead of the hunger strike planned by the employees.AGVKS had threatened to go on an indefinite hunger strike if the government didn’t act on the MoM, which was signed in the first week of June with all the eight associations of the company to implement the Sixth Pay Commission recommendations.
“The government had last month assured to hike their salaries from June onwards based on the new MoM. The government also promised to provide them with 30 per cent of the arrears in June. We are now happy,” Joshi said.
Source : Indian Express.
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