As part of the agreement, CIL and its employees will also contribute 7% of a pension fund. According to the statement, this was activated for the first time. After three years of intense negotiations, the bank`s employee unions and the IBA signed a Memorandum of Understanding on 22 July for an annual wage increase of 15%. The details of the estimated annual impact of the 10th employment contract are as below: According to the agreement, each employee also benefits from one day of rest each week. The results of the research have been published, which show a decline in investment after the country confirmed that it was exceeding its targets under the Paris climate agreement. The 10th salary agreement for CIL and SCCL was concluded at the 10th JBCCI-X meeting, made up of the management of CIL/subsidiaries – SCCL and representatives of the central unions (CTUs), on 10.10.2017 in New Delhi. Cash Prize and Certificate of Recognition: Each year, cash prizes are awarded by Rs.5000//Rs.7000/- to the meritorious services of CIL staff, who secure a total of 90% or more in grades during the 10th and 12th standard events. The collective agreement was due as of July 1, 2016. Negotiations on a collective agreement, which have been successful for more than a year, were concluded on Tuesday, he added.
According to the statement, ”To fully implement the agreement, the payment of arrears is done in three stages – 40%, 30% and 30%. For the welfare of workers, an amount of 40,000 euros is paid to employees before Diwali in the form of a single advance. The period of the 10th collective agreement for CIL and SCCL is from 01.07.2016 to 30.06.2021 (i.e. for 5 years). Following the conclusion of the 10th salary contract, instructions were given to pay the revised salaries from the salary payable in November 2017 in November 2017. To implement other provisions of the agreement, 12 implementation instructions have been adopted to date. In an official statement, it was said that union representatives insisted on a 50% pay increase for employees. But given CIL`s financial situation, it was agreed to increase salaries by 20%. Question: The 10th Coal Workers Collective Agreement was recently concluded on the 10th day of the 10th month of this year. At that meeting, what percentage of the salary increase was agreed upon? (a) 15 percent (b) 20 percent (c) 25 percent (d) 30 percent Response: (b) Related Facts: The Democratic presidential nominee promises to reverse Trump`s policy measures in cases such as the U.S. exit from the Paris climate accord and weakening environmental protection. The new target was hailed by activists and welcomed by the United Nations. Japan is thus on the same timetable as Europe and Britain and ten years ahead of China, which set a target for 2060 last month.
7. NON-STATUTORY WELFARE MEASURES: To supply low-cost goods and consumer goods in mines, the central and primary cooperatives work in the CIL coal basins.