Sunday, December 4, 2022

Workers protest outside CFE during Tayo Rolls AGM

Demand resumption of production, salaries for 11 months

Jamshedpur, July 18: Protests and agitation by the workers of Tayo Rolls Limited, Gamharia, marred the annual general meeting (AGM) held at the Centre for Excellence on Tuesday.

Over a hundred workers of the sick unit staged protest near Centre for Excellence demanding resumption of production. Under the banner of, Tayo Shangharsh Samity, the workers raised slogans as the security guards posted at the Centre for Excellence tried to move them away from the venue. The Jubilee Park gates also remained closed from the morning till1 pm, until the AGM was not over. The AGM was held under tight security.

The Tayo Rolls Ltd, a sister concern of Tata Steel, had suspended its operations in May 2016.

The managing director of Tayo Rolls Ltd, J Shankar Marar, arrived at the Centre for Excellence a few minutes after the AGM had started. The protesting workers said they wanted resumption of production at Tayo and payment of pending salaries of those workers who are still on the pay-roll.

“We are here to air our concerns. We demand that the company must resume production at the Tayo Rolls Ltd. Moreover, when the state government and also the Union government are attracting investors, it is surprising that a decades old unit which used to manufacture rolls be closed,” said one of the protestors.

The protestors said they also demanded salaries for the 283 employees for a period of 11 months.

The Tayo Rolls stopped production since August 2016 as the company was incurring huge loss since the past five years.It had offered VRS and VSS for its about 800 staff, 400 of them were in the officers category.While over 550, including officers opted for the schemes, 283 workers preferred to remain on the company.

Leave a Reply

Stay Connected

- Advertisement -spot_img

Latest Articles