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NALCO CMD Dr. T.K Chand launches 6 th Long Term Wage Settlement for employees

Bhu7baneswar:10/10/18:In what is a significant step towards benefitting more than 5000 employees of National Aluminium Company Limited (NALCO) across the country, Dr. Tapan Kumar Chand, CMD, NALCO,  inaugurated the 6 th Long Term Wage Negotiation at its Corporate Office in Bhubaneswar.

The launch ceremony will set into motion the process of wage settlement for its employees, including revision of scale of pay, HRA, Incentive and other benefits. Unlike in the past, Dr. Chand has given a clarion call to the Recognised Unions and the Management to complete the process of negotiation for wage settlement within one month.

Appreciating the hard work of employees, Dr. T.K Chand, CMD, NALCO, said, “The employees have played a key role in helping NALCO reach where it is today. It is their commitment that will help NALCO turn its dream of becoming a Maharatna Company from Navratna Company, into a reality. This decision to roll out the 6 th Long Term Wage Settlement will have a positive impact on the morale of the employees and go a long way in further improving the business culture of the organisation.’’

It may be mentioned that NALCO is one of the few PSUs in the Mining and Metal sector in the country which has taken the lead in taking concrete steps for initiating the process of the 6 th Long Term Wage Negotiation as per the guidelines of the Government of India.

Members of five recognised Unions – NALCO Mines Employees Union (Mines, Damanjodi), NALCO Employees Union (Alumina Refinery, Damanjodi), NALCO Shramik Congress Union (CPP, Angul), Aluminium Mazdoor Sangh (Smelter Plant, Angul) & NALCO Employees Forum (representing the Corporate and Regional offices) participated in the ceremony and committed to positively contribute towards organisational growth and excellence. Shri. V Balasubramanyam, Director (Production), Shri. Basant Kumar Thakur, Director (HR), Shri Sridhar Patra, Director (Finance), and senior executives of the Company were present during the meeting.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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