Powmex Steel reopens after three months

Kolkata : Powmex Steel, a unit of Graphite India Ltd, at Titlagarh in Bolangir district resumed production today after being shut down for three months following the death of its Deputy General Manager due to labour unrest. Meanwhile an amicable settlement has been reached between the striking workers and the company management facilitating reopening of the plant.

The company has agreed to pay additional Rs 900 per month to the contractual workers and Rs 1,900 per month to the permanent workers following intervention of the state labour department. Besides, the company will provide additional medical insurance coverage and incentive up to Rs 500 per month to the workers depending on the production and sales, said state labour and employment minister, Pushpendra Singh Deo.