The trade union in a statement said that a deliberate leak seems to be doing the rounds of the media, painting a bleak picture of the financial health of BSNL.
The inclusion of the agenda item of the Central Board of Trustees’ (CBT) to make PF contributions voluntary for the garment and made-up sectors has raised doubts on the government’s long-term intent on provident fund structure.
Central trade unions which have been opposing equity investment of PF money say that support from an overwhelming majority of non-trade union CBT members would result in the proposal being accepted.
Formal sector workers may soon be eligible for up to Rs 20 lakh tax-free gratuity as central trade unions have agreed on the proposal in a tripartite consultation with the Labour Ministry.
The All India Trade Union Congress (AITUC) today came out strongly against the central government for its steps to privatise 22 public sector undertakings, terming them "anti-people policy of strategic sale".
According to the statement, the model law will permit establishments in states to have 9 or more working hours and allow women in night shifts, which will endanger their security.
"Policy related decisions like disinvestment in CIL ...will be taken up at government level," Coal India management apprised a delegation of four trade unions in a meeting.
The charter of demands also included increasing import duty on coal and rationalising pricing accordingly.
"It is disappointing and we oppose it strongly. There is just 16 percent hike in net pay against projected 23.55 percent. Besides, there is a huge gap in maximum and minimum pay," RSS affiliate Bhartiya Mazdoor Sangh's General Secretary Viresh Upadhyay said.
Coal and Power Minister Piyush Goyal told reporters today that government expects to raise around Rs 20,000 crore from the sale of 10 percent stake in Coal India (CIL).
Public sector firm Neyveli Lignite Corporation on Tuesday said it has started negotiations with the recognised workers' unions a day after its employees went on an indefinite strike to press their demand for wage revision.
The strike can affect coal production of up to 1.5 million tonnes a day and may also hit supplies to power plants which are already grappling with fuel shortages.
Criticising Union Finance Minister P Chidambaram's call for consolidation in the banking sector, CPI leader Gurudas Dasgupta dubbed him as an "all-time low finance minister," and said that the party would oppose any such move.
In an interview with CNBC-TV18, VL Sachdeva, Head of AITUC said that the unfortunate incident could have been avoided if the management had shown some sensibility. Referrring to it as the 'high-handedness' of the management, Sachdeva said the union was chosen by Maruti and therefore, such a situation is really surprising.
Arvind Kapur, managing director, Rico Auto Industries talks to CNBC-TV18 about the latest happenings in his company and the auto ancillary sector.
In an interview on CNBC-TV18, secretary of the All India Trade Union Congress (AITUC), VL Sachdeva said that the Haryana state government was actively working to get the strike issue resolved urgently. He said workers will be persuaded to makeup for the loss by working extra hours.
All India Trade Union Congress (AITUC) on Wednesday said it will stage a ''satyagraha'' on June 9 outside the entrance of Maruti Suzuki India's Manesar plant, where the workers are on strike for the last five days.