Business Ideas

Non-teaching IIT staff protest pay anomalies

Over 12,000 non-teaching staff of the seven Indian Institutes of Technology (IITs) went on a day-long dharna today to protest anomalies in pay and promotion structure. The employees — technical staff, laboratory staff and office assistants — however, did not boycott work. - VRL looking to exit its wind power business - India in the first 50 in global competitiveness - Irda to allow variable annuity items - Food inflation up; new monthly inflation index next week - CoS to meet on Nov 17 on FDI in aviation - SEZs post Rs 89,000-cr exports in Apr-Sept The most important issue of the All IIT Employees Union, was to reduce the existing 12-year promotion policy to 10 years. The Union also wanted salary increment between Rs 3,200 and Rs 4,900 in the first promotion of the lowest-rung IIT non-teaching staff. D Karmakar, president, IIT Kharagpur Employees Union, said: “We had placed our demands to directors in June this year. A directors’ committee was set up to look into our demands. Most directors had agreed. But the IIT Council, the highest deciding body, neither realised the importance of our demands in their meeting on October 19, nor indicate any interest in resolving the issues soon.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
'Cement prices expected to weaken in Oct-March period'
The woes of the cement industry are likely to continue as prices are likely to weaken during the remaining period of the current fiscal on the back of highest ever capacity addition by the industry in a single year.
Popular Articles
fast payday loans

2009 - Economy wins slowdown battle; loses against prices
India achieved the distinction of being the second-fastest growing economy amid the global recession in 2009, but the joy was marred by the decade"s sharpest rise in food prices to the chagrin of common man.

SEC shares info with CBI on Satyam scam probe
A three-member team of United States Securities and Exchange Commission (SEC), America"s federal agency to regulate the securities industry in that country, exchanged information with the CBI probing into the multi-crore accounting scam at Satyam Computer here.