Section 4(b)-(x)

 

The monthly remuneration received by each officers and employee of MCL, including the system of regulation as provided in its regulations : The remuneration of the officers of the company is governed by the guidelines of the Department of Public Enterprise, Government of India. The pay scales of the officers are of Industrial pattern.

Pay scales for Board Level and below Board Level Executives is as under:

Grade Scale of Pay(₹)
CMD(Sch A)
200000-370000
Director(Sch A)
180000-340000
CMD(Sch B)
180000-320000
Director(Sch B)
160000-290000
E-9
150000-300000
E-8
120000-280000
E-7
100000-260000
E-6
90000-240000
E-5
80000-220000
E-4
70000-200000
E-3
60000-180000
E-2
50000-160000
E-1
40000-140000



The wages of the Non Executives are fixed through negotiations with the Central Trade Unions. The monthly emoluments of workmen at various grades is as under:

Grade Scale of Pay(₹)
Cat-I
1011.27
Cat-II
1034.04
Cat-III
1065.55
Cat-IV
1087.17
Cat-V
1132.33
Cat-VI
1181.83
Excv.(Spl. Grade)
1393.24
Excv.(Gr.A)
1325.69
Excv.(Gr.B)
1248.78
Excv.(Gr.C)
1195.75
Excv.(Gr.D)
1154.04
Excv.(Gr.E)
1078.74
Monthly Rated (Gr.A1)
47802.52
Monthly Rated (Gr.A)
37063.41
Monthly Rated (Gr.B)
34391.65
Monthly Rated (Gr.C)
31852.56
Monthly Rated (Gr.D)
29460.3
Monthly Rated (Gr.E)
28242.84
Monthly Rated (Gr.F)
27930.19
Monthly Rated (Gr.G)
27541.77
Monthly Rated (Gr.H)
26959.07
Clerical (Spl. Grade)
34391.65
Clerical (Gr.I)
31852.56
Clerical (Gr.II)
29460.3
Clerical (Gr.III)
28242.84