Indian Major Ports To Spend Money For Benefit of Port Workers

Shipping is a worldwide industry as it acts a primary means of transportation of all necessary commodities. India being the largest democracy in the globe plays a crucial role in providing the workforce and creating work opportunities for the young Merchant Navy aspirants. Indian Shipping Industry witnessed strong growth in the last few years and still looking to grow strong in the coming years. The numbers of vessels and seafarers have increased significantly since the time of independence.

The Government of India is taking an initiative to promote Indian Maritime Sector at the international level and provide better training and learning environment to young cadets to learn and grow. In the latest developments taken by the Indian Government, a new wage settlement has been signed for group C and D category of Port and Dock Workers in Mumbai in the presence of Shri. Nitin Gadkari, Union Minister for Shipping, Road Transport & Highways and Water Resources, River Development & Ganga Rejuvenation.

The settlement provides 10.6 percent fitment on basic pay along with Dearness allowance. This means that the lowest grade of shipping workforce can expect to receive a pay scale of Rs 20900-43600 and those who are in the highest grade would get a pay scale of Rs 36500-88700.

There are more than 32,000 Port and Dock Workers and around 1,05,000 pensioners across all Major Ports will get the best value out for this settlement. The total financial estimate of this settlement for all the Major Ports for people who are still working and for pensioners is likely to be about Rs 560 crore per annum.

Sharing details about the settlement on the occasion Shri. Nitin Gadkari said that the welfare and betterment of the people is the key focus of the Indian Government as per the vision of Prime Minister Shri. Narendra Modi Ji. He also acknowledged the contribution of Major Ports to take this initiative and being the first one to sign the wage settlement.

The Settlement has been signed among Six Ports and Dock Workers’ Federations and the Port Management under section 12 (3) of Industrial Disputes Act, 1947, before the Regional Labour Commissioner, representing Chief Labour Commissioner. The five-year settlement came into force from January 1, 2017, in the port sector against the ten year period in various major public sector endeavours.