SEA Meets New RINL Director (Finance) Vinay Kumar, Raises Employee and Raw Material Issues
Steel Executives Association flags pay, promotions, widow pensions and iron ore supply concerns; Director (Finance) assures early action
Representatives of the Steel Executives Association (SEA) called on the newly appointed Director (Finance) of Rashtriya Ispat Nigam Limited (RINL), Vinay Kumar, soon after he assumed charge on Tuesday afternoon.
During the interaction, the SEA delegation apprised the Director (Finance) of several key plant-related and employee-centric issues, with particular emphasis on pay-related matters and long-pending promotions of officers. The representatives also highlighted the sharp increase in raw material costs and underscored the critical role of human resources in the overall performance and revival of RINL.
The delegation further requested the management to ensure full disbursement of widow pensions to the families of deceased employees, stressing the need for timely financial support to affected families.
Responding to the concerns, Vinay Kumar assured the delegation that the issue of raw materials—especially the supply of iron ore from SAIL—would be taken up on priority, noting that the proposed expansion of RINL to 10 million tonnes capacity may take another five to six years. He also assured that employee-related issues would be addressed positively at the earliest.
The SEA delegation was led by General Secretary K.V.D. Prasad, along with Joint Secretary Narasimha, Treasurer Patnala Lokesh, and committee members Prasanth Naik and Dalinaidu, who participated in the meeting.
