As a reaction to the massive strikes carried out by employees of the Karnataka Power Corporation Limited (KPCL) and Escoms, the Karnataka state government has announced a revision to its previous stipulations.
Starting next month, all employees of electricity supply companies and the KPCL can expect a 20 per cent increase in their pay scale, as announced by the government of Karnataka. This decision was made following discussions between State Energy Minister V Sunil Kumar and Chief Minister Basavaraj Bommai.
Previously, the government had given a 17 per cent hike in basic salary to its employees in Karnataka. As per the 7th Pay Commission, the employees had demanded a temporary relief of 40 per cent increase in basic salary and a revision of salaries.
In response to their demand to scrap the New Pension Scheme (NPS) and revert to the Old Pension Scheme (OPS), the government has formed a committee under Additional Chief Secretary to study the feasibility of this proposal.
Value our content... contribute towards our growth. Even a small contribution a month would be of great help for us.
Since five years, we have been serving the industry through daily news and stories. Our content is free for all and we plan to keep it that way.
Support HRKatha. Pay Here (All it takes is a minute)
