Trade unions eye Rs 15,000 per month minimum wage as national baseline

Trade unions eye Rs 15,000 per month minimum wage as national baseline By Subodh Varma, TNN One of the key issues on which the negotiations between the government and the 10 central trade unions that had called for a general strike on Wednesday broke down was that of minimum wages. A labour ministry document circulated amongst the trade unions days before the strike, argued that by current norms, prices and calorific needs, Rs.6330 per month...

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One Rank One Pension : A new wave of expectation rises; Announcements expected in 48 hours

One Rank One Pension : A new wave of expectation rises; Announcements expected in 48 hours “Although there is no official confirmation from the government, the ex-servicemen’s United Front are ready to accept the demand if it comes with a once-every-two-years pension revision, instead of five.” Implementation of One Rank One Pension : After crossing multiple hurdles the One Rank One Pension scheme is stuck at one final block. The Government has clarified that it was impossible to revise the pension each year. It is ready for a revision...

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Seventh Pay Commission likely to see pay hikes by 40%

Seventh Pay Commission likely to see pay hikes by 40% New Delhi: The Seventh Pay Commission’s report is likely be submitted to the Finance Minister Arun Jaitley shortly. Sources said that there will be no internal relief. The average increase in basic fair pay for all government employees will be in the region of 40-45%. This is a very rough average because for senior level officers, like the Cabinet Secretary or officials at the secretary...

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