Govt ap­proves per­for­mance re­lated pay for Coal In­dia of­fi­cers

FIRM’S OF­FI­CERS HAD EAR­LIER SOUGHT PM’S HELP IN IM­PLE­MENT­ING PER­FOR­MANCE-RE­LATED PAY

Resource Digest - - CONTENTS -

The gov­ern­ment to­day ap­proved the im­ple­men­ta­tion of per­for­mance re­lated pay for the of­fi­cers of Coal In­dia Ltd. "We will give per­for­mance re­lated pay to man­age­rial and su­per­vi­sory level of­fi­cials of Coal In­dia," Com­mu­ni­ca­tions and IT Min­is­ter Ravi Shankar Prasad said af­ter the Cab­i­net meet­ing.

Wel­com­ing the gov­ern­ment de­ci­sion, Coal Sec­re­tary Anil Swarup tweeted, "Coal In­dia re­warded for ster­ling per­for­mance. Gov­ern­ment ap­proves Per­for­mance Re­lated Pay (PRP)." There are nearly 19,000 of­fi­cers at CIL. Coal In­dia ex­ec­u­tives had ear­lier sought Prime Min­is­ter Naren­dra Modi's in­ter­ven­tion for im­ple­men­ta­tion of per­for­mance re­lated pay (PRP) for of­fi­cers of the world's largest coal miner.

The is­sue has been pend­ing for long de­spite a high-level panel rec­om­mend­ing its im­ple­men­ta­tion.

Ex­ec­u­tives had last year called off a three-day strike af­ter the first day as they re­ceived as­sur­ances from CIL man­age­ment in this re­gard.

"We so­licit your in­ter­ven­tion with a high hope con­sid­er­ing your rep­u­ta­tion and im­age all over the world for fast and timely de­ci­sion making so that a gen­uine case which un­for­tu­nately got so de­layed does not suf­fer any more," Coal Mines Of­fi­cers' As­so­ci­a­tion of In­dia (CMOAI) had ear­lier said in a let­ter to the Prime Min­is­ter.

CMOAI had ear­lier said that PRP is a part of pay im­ple­mented since Jan­uary 1, 2007 and has been paid to all ex­ec­u­tives of other en­ti­tled PSUs, bar­ring Coal In­dia (CIL).

Ear­lier, the Coal Min­istry had sought com­ments from var­i­ous min­istries, in­clud­ing Fi­nance, on the draft Cab­i­net note for im­ple­men­ta­tion of PRP of CIL employees.

The gov­ern­ment had ear­lier floated a draft note to seek the ap­proval of the Cab­i­net for per­mit­ting loss-making and marginally profit-making sub­sidiaries of CIL to adopt 2007 pay re­vi­sion as an ex­cep­tion to the pre­scribed af­ford­abil­ity clause and pay­ment of per­for­mance re­lated pay to the ex­ec­u­tives of all sub­sidiaries of CIL.

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