Cashew sector wage revision talks fail again

Yet another round of talks in the presence of Labour Minister Shibu Baby John between representatives of the cashew sector trade unions and the employers held in Thiruvanathapuram on Tuesday too drew a blank.

The last meeting in this connection was held on November 6 also in the presence of Mr. Shibu. During the earlier talks, the trade unions had been demanding a 40 per cent hike in wages and the employers expressed their inability to consider a hike beyond 25 per cent.

In Tuesday’s meeting, the employers agreed to settle for wage hike of 30 per cent. But the unions did not compromise.

The employers said that if the issue was settled on Tuesday itself they would agree for a 35 per cent wage hike.

- The Hindu