Shipping Ministry signs new wage agreement with workers | Current Affairs, Current Affairs 2018

Shipping Ministry signs new wage agreement with workers

Posted by


In a move that will benefits one lakh 35 thousand port and dock workers and pensioners , the Shipping Ministry has signed a new wage settlement agreement for Group C & D category of Port and Dock Workers in Mumbai, Maharashtra. The deal will benefit around one lakh 35 thousand port and dock workers and pensioners in 12 major ports across the country.

The agreement was signed by Shipping Ministry, port officials and workers federation in the presence of the Union Minister for Shipping, Nitin Gadkari.

According to the agreement, the deal will provide 10.6 per cent wage hike to workers and pensioners. The lowest grade of workers would get a pay-scale of Rs 20900-43600 and the highest grade worker would get a pay-scale of Rs 36500-88700. The workers and pensioners will get this benefit for a period of five years, beginning in January 2017. The total financial implication of the settlement for all the major ports for serving and pensioners is expected to be around Rs 560 crore per annum. More than 32,000 Port and Dock workers and 1,05,000 Group C and D pensioners across all major ports will be benefitted from of this settlement.
The settlement was signed between six Port and Dock Workers’ Federations and the Port Management under Section 12(3) of Industrial Disputes Act, 1947, before the Regional Labour Commissioner, representing Chief Labour Commissioner. It has been into force from January 1, 2017. This is a five-year settlement arrived at in the port sector against the ten-year periodicity in many of the major public sector enterprises

Leave a Reply

Your email address will not be published. Required fields are marked *

*