Live
- Tension escalates at Gun Park as Harish Rao arrives with resignation letter over farmer loan waiver
- Delhi Civic Body Elections Postponed Due To Presiding Officer Nomination Delay
- Arun Govil Rebuts "Outsider" Label Ahead Of Lok Sabha Debut In Meerut
- 15 Telangana boys bag perfect 100 percentile in JEE Mains Session–II
- Bheemili developed with Rs 3,800 cr in TDP rule: Ganta
- Special Police Observer reviews poll arrangements
- TS LAWCET, PGLCET registration date extended
- Andhra Paper lockout creates stir
- Cyberabad cops ban drone flights for V-P visit today
- Petrol and diesel prices today stable in Hyderabad, Delhi, Chennai and Mumbai on 26 April
Steel Ministry urged to solve long-pending issues
Highlights
A delegation of Steel Executives’ Association (SEA) led by president K Madhava Rao and general secretary M Srinivas met the officials of Union Ministry of Steel and Department of Public Enterprises (DPE) in Delhi and represented to them the long pending issues like captive iron ore mines for RINL and the other related issues pertaining to executives like PRP, entry level scales and pension scheme.
Visakhapatnam: A delegation of Steel Executives’ Association (SEA) led by president K Madhava Rao and general secretary M Srinivas met the officials of Union Ministry of Steel and Department of Public Enterprises (DPE) in Delhi and represented to them the long pending issues like captive iron ore mines for RINL and the other related issues pertaining to executives like PRP, entry level scales and pension scheme.
The SEA office-bearers met Lokesh Chandra, Joint Secretary, Steel and HL Meena, Director, Ministry of Steel and explained to them how the implementation of pay revision and performance management system created discrimination among the executives of RINL. Regarding PRP issue, the way out was proposed by SEA to pacify the unrest amongst the executives and the ministry officials promised to look into the matter.
Regarding enhancement of entry level scales, the Joint Secretary of Steel expressed that no proposal was received from RINL till date and said that they would look into the matter once it is received. Regarding pension scheme, it was promised to clear it, once the clarifications sought are received from RINL management. Representations were also given to Secretary, Minister of Steel. SEA also had meetings with OP Rawat, Secretary, DPE, and AK Pawadia, Joint Secretary. DPE SEA vice-president MNVS Prakash explained all the issues and linkages between PLI and PRP in particular.
DPE officials expressed that the guidelines were given by them and it is up to the management and administrative ministry to implement the same to create conducive atmosphere. Representations were given to the Director General of Standing Conference of Public Enterprises (SCOPE) and other independent directors of RINL.
SEA delegation also had an exclusive meeting with the chairman of Remuneration Committee Swashpawan Singh.
He was very keen to know the problems being faced by the executives by implementing PRP scheme. SEA Joint Secretary KSS Chandra Rao explained that injustice was done in fixing entry level scales and discrimination in implementation of PRP scheme.
He promised to impress upon the management and the steel ministry to do what was needed in an amicable way.
It was explained to all the officials that VSP is at a critical juncture of commissioning the expansion units and heading towards 7.3 MTPA expansions and requested them to address these issues on a high priority basis.
Next Story
ADVERTISEMENT
