The 271st No. NJCS meeting held at Ispat Bhawan, Lodhi Road, New Delhi. At the outset of the meeting, the Director(Pers.), SAIL, Shri H.S. Pati delivered welcome address to the participating members. Then, Director (Finance), Shri Anil Kumar Chaudhary briefed about the recent financial position of SAIL. After this the members of the participating Unions told that as the Production Productivity meeting has already been held at Bhilai on 21st January so this meeting should focus only on Wage Negotiation. At this point Lunch Break took place.
After Lunch Break Shri B. Dhal, E.D. (P&A)/C.O. mentioned that there is an increase of 71% (taking into account the D.A. increase and increment) in wages in S-1 grade since the last Wage Board. There is a provision of 500 Crores to settle i) this Wage Board; ii) for pension purpose; and iii) for Contract Labour issues. Now at this situation Management offered 10% MGB (Minimum Guaranteed Benefit). At this point the Unions argued that the Pension Scheme is a Government policy and this should not be mixed with Wage Negotiation and they demanded minimum 30% MGB.