Deadlock over Pay panel recommendations ends

The AGVKS has also appealed to the government to issue the final orders as soon as possible. As per the new MoM,the allowance of employees has been hiked by 1 per cent.

The net pay,which was reduced in the revised MoU,has also been restored up to 75 per cent and the incentive scheme in which the employee contribution was

4 per cent against the company contribution of 2 per cent earlier,has been levelled at 4 per cent each from both. The corpus now will be of 8 per cent.

With this,the process,which earlier got stagnated,has again started. GUVNL will now go to the government with the draft for its approval. After the government approves it,the draft will come to the board. It will be implemented only after the GUVNL board approves it.

AGVKS General Secretary Girish Joshi said: “We signed the MoM today as they have almost matched the Sixth Pay Commission recommendations. We are the largest association in GUVNL with 26,000 members of the total 43,000. Two associations have also shown their willingness to sign the MoM tomorrow,as they were not here. I think most of the associations will sign the MoM in the next two days.”