NMDC ltd has taken decision in its Apex Joint Council Meeting and Corporate level Bipartite Committee held in Kolkata on October 6 to pay Rs 55,600/- to every eligible workmen employed on regular rolls towards Annual Performance Incentive under Annual Performance Incentive Scheme for the FY 2017, a company press release informed.
N Baijendra Kumar, IAS, CMD, NMDC along with all Functional Directors of NMDC — Dr Narendra K Nanda, Director(Technical), DrTRKRao, Director(Commercial), PKSatpathy, Director(Production), DSAhluwalia, Director(Finance), Sandeep Tula, Director(Personnel) and Members of All India Trade Union of NMDC have come to consensus in the above said Apex Joint Council Meeting where in Gurudas Dasgupta, Ex- Member of Parliament, and President of All India NMDC Workers Federation was also present, to declare Annual Performance Incentive to all eligible workmen.
Both CMD , NMDC and President, All India NMDC Workers Federation praised the dedicated efforts of all employees which resulted in achieving these highest ever record Production of 34 Million Tonnes and record Sales of 35.6 Million Tonnes of Iron Ore for the year 2016-17, it informed.
NMDC which has a dedicated team of around 5500 employees on its roll, is well known for its best HR Practices and Industrial Relations that enabled the company to achieve the above highest ever record performance, the press release informed.