AIBOC CIRCULAR NO. 37 DATED 26.03.2010

AIBOC issued its circular No. 37 on enhancement of Gratuity from Rs.3.50 lacs to Rs.10.00 lacs. We are reproducing the same here for our readers.


CIRCULAR NO.37              Date: 26.03.10 

To

ALL AFFILIATES/ MEMBERS

ENHANCEMENT OF GRATUITY FROM RS. 3.50 LACS TO RS. 10.00 LACS

We have addressed a letter to Sri. Mallikarjuna Kharge, the Hon’ble Minister for Lobour and Employment, Government of India, urging upon him to give effect to the amendment to Payment of Gratuity Act 1972 enhancing the gratuity ceiling from Rs.3.50 lacs to Rs.10/- lacs from 01.01.2006, the date from which enhanced gratuity was paid to the Central Government Employees in the wake of recommendations of VI Pay Commission.

We have annexed a copy of the letter, which is self –explicit

Further developments in the matter will be informed to you.

With warm greetings

Sd/-

(G.D. NADAF)

GENERAL SECRETARY

No.1410/95/10                               26.03.2010

Sri. Mallikarjuna Kharge,

Hon’ble Minister for Labour

& Employment,

Government of India,

Parliament House,

New Delhi – 110 001.

Dear Sir,

ENHANCEMENT OF GRATUITY FROM RS.3.50 LACS TO RS. 10.00 LACS

We learn from the print media, news paper columns that the proposed amendment to the payment of Gratuity Act 1972, enhancing the ceiling on gratuity from Rs.3.50 lacs to Rs. 10.00 lacs, has been cleared by the Union Cabinet Committee and the proposed amendments will be tabled in the Lokasabha for adoption. It is also reported that the bill will be passed in the current budget session of the parliament.

Your Ministry has put a big step forward bringing substantial relief and solace to millions and millions of labourers, workers, employees working in various sectors of the economy.  While we thank you profusely for bringing this long awaited legislation to reality, we will be highly obliged to you for giving effect to the amendment, from a retrospective date i.e., 01.01.2006, from which date enhanced gratuity was paid to the Central Government employees in the wake of the recommendations made by the VI^th  Central Pay Commission. By giving effect to the amendment from 01.01.2006, the principles of equity and equality will be ensured.

Sir, we request and urge upon you to take note of our fore-quoted suggestion and your positive decision in this regard will be one of the most outstanding pro-labour measures in the contemporary history. The entire work force and labour class are waiting with baited breath for the passage of the bill in the Parliament and they all express their gratitude to you from the core of their hearts.

With warm greetings and regards,

Yours faithfully,

Sd/-

(G.D. NADAF)

GENERAL SECRETARY