Public Relations

Air India CMD to meet panels on performance pay on Friday

Air India CMD Arvind Jadhav is likely to hold a meeting on Friday with the committees reviewing the Productivity-Linked Incentives (PLI) of employees to chalk out a road map on the issue. - AI"s entry into Star Alliance: India lags in fulfilling norms - Govt rejigs accounts to spend Rs 25,725 cr - Public expenditure to go up by additional Rs 25,727 cr - Air India proposes 10% cut in expat pilots" wages - Answers to last week's quiz (#124) - AI incurs Rs 7,226 cr loss in last two fiscals "The CMD is expected to meet the committees and discuss the road map for determining the PLI issue," sources familiar with the development told PTI here. The proposals of these committees would then be sent to the AI board"s sub-committee, they said. The sub-committee comprises joint secretaries in the Civil Aviation Ministry, Prashant Shukul and E K Bharat Bhushan, besides Jadhav. Four committees had been set up in August under various Functional Directors of the airline, each focusing on a specific segment of the PLI to review the entire issue of performance payments after the unions rejected a 50 per cent "unilateral" cut proposed by the NACIL (National Aviation Company of India Limited) management. These committees,formed as part of Air India"s turnaround plan, are examining the PLI issue of pilots, engineers, officers and other technical and non-technical staff in totality.


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

News of the day
Uttarakhand favours 4 cumax of water flow in Bhagirathi
The Uttarakhand government has told a high-powered committee that four cumax of water flow would be sufficient to maintain perennial flow of the Bhagirathi in Uttarkhand where three key hydropower projects have been suspended on environmental and religious grounds.
Popular Articles
payday loans online

PE investments in South drops 64%
Private Equity (PE) investments into South India have dropped 64 per cent between April and September, 2009, to $626 million from $1752 million, during the same period last year. The number of deals fell 48 per cent. Among the four states in South, Andhra Pradesh had attracted the highest investment, in terms of value.
Polygraphy
Foreign pharma firms likely to beat Indian ones in developing vaccine
Despite the best efforts of Indian vaccine makers to develop the H1N1(swine flu) vaccine, Swiss drug major Novartis and Australian vaccine maker CSL may be the first ones to bag the orders from the central government for its supply.