Powmex reopens with more incentives for workers

Bolangir: Powmex Steel, a unit of Graphite India Ltd at Titlagarh here resumed production on Thursday after being shut down for three months.

“We are very happy about the reopening of the company as the livelihood of 550 families depends upon the company,” said a company labourer.

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.

“Now in consultation with company authorities, we have sorted out the labourers’ problem and are providing various allowances for them,” said state labour and employment minister, Pushpendra Singh Deo.

“We have attended to most of the demands of the labourers. This time we are providing medical insurance along with a few other facilities to the workers,” said Gopal Srinivasan, Executive Director, Powmex Steel.

Following the death of Powmex Steel’s Deputy General Manager Radheshyam Ray in a labour unrest on 3rd March, the company was locked since then. And in this connection at least 11 arrests were made.    

Later, an amicable settlement was made between the striking workers and the company management facilitating reopening of the plant.