New productivity linked reward scheme for port workers
11 Apr 2007
Chennai: A new productivity linked reward scheme has been introduced for the port and dock workers of major ports in India which will be effective from 2002-03 onwards and will be operative up to 2009-10. Under the deal the difference between the productivity linked reward payable under the new scheme and that the adhoc amount paid for the years 2002 to 2006 will be paid to the workers.
The agreement to this effect was signed between the leaders of five major port worker unions and N K Raghupati, vice chairman, Indian Ports Association along with the heads of major ports on April 9, 2007. The worker representatives who signed the agreement are S R Kulakarni, All India Dock & Port Workers Federation, Dr Shanti Patel, All India Dock & Port Workers Federation (W), P K Samantray, Indian National Port & Dock Workers Federation, V V Rama Rao, Port, Dock Water Front Workers Federation of India and S. Chakravorty, Water Transport Workers Federation of India.
The union minister for Shipping, Road Transport and Highways and A K Mohapatra, secretary, Shipping were present when the agreement was signed.
With
the signing of the settlement, the way has been paved
for the joint withdrawal of reference from the National
Industrial Tribunal filed by the Ministry of Labour in
2002. The minister has already approved the release of
productivity linked reward to approximately 66,000 port
and dock employees. The expenditure involved is likely
to be in the region of Rs31 crore.
Latest articles
Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
