NLC India Ltd, a Navratna company under the Ministry of Coal, today signed a wage settlement agreement with contract workers.
This settlement was based on the MOU entered by the parties on February 26, 2020. The settlement offers an increase in monthly wages ranging from Rs 3,600 to Rs 4,000 apart from various other allowances like Housing Assistance, Washing Allowances, Canteen Allowances and two sets of uniform.
The settlement will be in force till December 31, 2026 and will benefit some 14,000 contract workmen engaged in