Jamshedpur : MD dialogue was held at TSPDL, Bara Unit and CR Plant. The MD, Sandipan Chakrabortty, was accompanied by P K Sahu, general manager, (HR and IR) and Mr Om Prakash, general manager (operations and sales).
The general manager Om Prakash explained about future growth plans of the Co and weak industrial economic scenario prevailing in the country.
MD TSPDL urged employees to identify the cost leakages as first and second performance has fallen compared to previous years. He said the situation will continue till next year end.
Also there is pressure to decrease the rates by TSL. He asked people to share Ethical concerns and issues without any fear. Safety continued to be high focus area.
In spite of adverse market conditions & declining profits the Bonus declared at 18 per cent was considered to keep the moral of employees high.
He also apprised about the investments made in Chennai, where the new plant has started (trial runs), Tubes Division, new SSC performing well and the upcoming Kalinganagar projects.
In the dialogue discussions were held on Canteen facilities, early Wage Agreement, more numbers of Quarter allocation, permanency of Contract workers , Medical facilities, equipped Training Centre , TSL gate pass, school admission and holiday home.