Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Perspectives
      • Friday Features
      • herSTORY
      • Rising Stars
      • Case-In-Point
      • Point Of View
      • Research
      • HR Pops
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • By Invitation
    • Brief News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Editorial
      • HR Forecast 2026
      • Cover Story
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Studio
      • The CHRO Playbook
      • Quick HR Insights
      • The Corner Office
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Forums
      • HRKatha Inner Circle
      • HRKatha Futurecast
      • Leadership Summit 2025
      • Rising Star Leadership Awards
      • HRKatha Futurecast 2025
      • Automation.NXT
      • The Great HR Debate
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»Brief News»Hike in basic pay, allowances for 3 power utilities in Maharashtra
    Brief News

    Hike in basic pay, allowances for 3 power utilities in Maharashtra

    The basic pay will increase by 19%, while the allowances will increase by 25%
    HRK News BureauBy HRK News BureauJuly 8, 2024Updated:July 8, 20242 Mins Read18549 Views
    Share LinkedIn Twitter Facebook WhatsApp
    Maharashtra government
    Share
    LinkedIn Twitter Facebook WhatsApp

    The Government of Maharashtra has announced 19 per cent increment in basic pay along with a 25 per cent increase in allowances for the employees of three power utilities.

    The increment will benefit all officers and staff members of Maharashtra State Power Generation Company, Maharashtra State Power Distribution Company, and Maharashtra State Power Transmission Company. All these holding companies are under the energy department.

    The unions of these power companies have been demanding a hike for some time now, along with the regularisation of contract employees. The hike was announced by Maharashtra Deputy Chie Minister Devendra Fadnavis.

    Additionally, assistants will now see an increment of Rs 500 in allowance during probationary period, while the technical staff will get an allowance of Rs 1000 instead of the earlier Rs 500.

    Earlier this year, in March 2024, thousands of contractual employees of the three state-run power utility companies had threatened to launch an indefinite strike if their demands were not fulfilled. Pay hike was one of their demands. The Maharashtra State Power Contractual Employees’ Association Joint Action Committee, which has various unions as its members, had demanded a 30 per cent hike in monthly allowances with retrospective effect from 1 April, 2023. The employees also wanted to be assured that their tenure would last till they turned 60 years of age. Since contract staff members were not given medical benefits, the unions also wanted the state government to provide these contract staff and their families a health cover of Rs 15 lakh. Additionally, the unions sought special allowance for employees who were posted in Naxal-affected areas.

    19% hike in pay 25% hike in allowances Devendra Fadnavis Employee employer HR Human Resources Maharashtra power companies Maharashtra State Power Distribution Company Maharashtra State Power Generation Company Maharashtra State Power Transmission Company Workforce
    Share. LinkedIn Twitter Facebook WhatsApp
    HRK News Bureau

    Leave A Reply Cancel Reply

    Related Posts

    Is Virgin Media O2 planning major workforce cuts?

    November 2, 2026

    POV: Is distributed talent becoming the new workforce strategy?

    November 2, 2026

    EPFO makes PF services simpler and more accessible

    November 2, 2026

    ServiceNow links AI-driven efficiency to declining workforce; says smaller teams are delivering more

    October 30, 2026
    zoha
    Editorial

    Hard work built India’s global reputation. Availability cannot define its future

    I must have been in school when I first heard the slogan. I was passing…

    The rift between the corner office and the floor below

    A general manager at a large Indian steel conglomerate recently described an exchange with his…

    EDITOR'S PICKS

    Hard work built India’s global reputation. Availability cannot define its future

    November 2, 2026

    POV: Is distributed talent becoming the new workforce strategy?

    November 2, 2026

    The unwritten rules of the workplace

    October 30, 2026

    Case-in-Point: The CEO succession shadow

    October 29, 2026
    Latest Post

    Hard work built India’s global reputation. Availability cannot define its future

    Editorial November 2, 2026

    I must have been in school when I first heard the slogan. I was passing…

    Is Virgin Media O2 planning major workforce cuts?

    Brief News November 2, 2026

    Virgin Media O2 is reportedly preparing one of its largest workforce reductions, with up to…

    POV: Is distributed talent becoming the new workforce strategy?

    Point Of View November 2, 2026

    For decades, India’s talent map has been drawn around a handful of metropolitan cities. Mumbai,…

    EPFO makes PF services simpler and more accessible

    Brief News November 2, 2026

    The Employees’ Provident Fund Organisation (EPFO) has introduced a set of employee friendly services designed…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2026 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.