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Home India Ministry of Labour and Employment Notifications Financial Benefit of ₹26.81 crores to workers of B... (Official PDF)
Date: 6th August 2026 Category: Press Release Jurisdiction: India, Central Government

Financial Benefit of ₹26.81 crores to workers of Bargarh Cement - 6th August 2026 - Ministry of Labour and Employment - Gazette Notification PDF

Issued by Ministry of Labour and Employment

Read or download the official PDF of this gazette notification issued by the Ministry of Labour and Employment on 6th August 2026. Classified under Press Release.

Executive Summary & Key Takeaways

Executive Summary On July 27, 2026, a Memorandum of Settlement was signed between ACC Limited’s Bargarh Cement Works and the Hira Cement Shramika Sangha to resolve a dispute arising from a June 19, 2026, closure notice. Facilitated by the Deputy Chief Labour Commissioner (Central), the agreement secures a ₹26.81 crore financial package for at least 61 workers. This settlement addresses welfare entitlements and social security ahead of the proposed August 19, 2026, closure date.

Key Points / Main Content

Dispute Background and Resolution

  • The management of Bargarh Cement Works issued a closure notice on June 19, 2026, intending to close the establishment by August 19, 2026.
  • An amicable resolution was reached through conciliation proceedings led by the Deputy Chief Labour Commissioner (Central), Bhubaneswar.
  • A formal Memorandum of Settlement was executed and signed by both parties on July 27, 2026.

Financial and Welfare Provisions

  • A minimum financial package totaling ₹26.81 crore has been secured for the benefit of at least 61 Shop Floor Associates (SFAs).
  • The settlement includes specific provisions for welfare and service-related entitlements to safeguard the social security of the workmen.
  • The agreement focuses on protecting the comprehensive financial interests of the affected workforce.

Regulatory Compliance and Industrial Relations

  • Management was sensitized regarding statutory obligations, maintenance of fair service conditions, and adherence to labour laws.
  • The proceedings emphasized the necessity of preserving harmonious industrial relations through constructive dialogue.
  • The management provided assurances regarding their continued commitment to workforce welfare and statutory compliance.

Impact Analysis

Shop Floor Associates (SFAs) / Workmen Impact At least 61 workers are secured with a collective financial benefit of ₹26.81 crore and protected welfare entitlements, ensuring their financial and social security despite the closure notice. Action Required Workmen must adhere to the terms of the signed Memorandum of Settlement to receive their designated financial packages and service-related benefits.

Management of ACC Limited (Bargarh Cement Works) Impact The management is bound by the settlement to provide significant financial payouts and must comply with sensitized statutory obligations and labour laws. Action Required The management must ensure the timely implementation of welfare measures and fulfill the financial commitments outlined in the agreement.

Hira Cement Shramika Sangha Impact As the representative body for the workmen, the union successfully negotiated a balanced agreement through the conciliation process. Action Required The union leadership must oversee the execution of the settlement to ensure all represented members receive the agreed-upon benefits and protections.

Key Entities Referenced

Chief Labour Commissioner (Central): The primary regulatory authority that conducted conciliation proceedings to resolve the industrial dispute and secure worker benefits. Memorandum of Settlement: The legal agreement executed between the management and workers to resolve the closure notice and provide a financial package of ₹26.81 crores. Bargarh Cement Works of ACC Limited: The industrial establishment in Bargarh, Odisha, whose proposed closure triggered the dispute and subsequent mediation. Hira Cement Shramika Sangha: The labor union representing the workmen of Bargarh Cement Works in the settlement negotiations.
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Ministry of Labour & Employment Financial Benefit of ₹26.81 crores to workers of Bargarh Cement Works through intervention of Chief Labour Commissioner (Central) Organisation in Bhubaneswar प्रव तथ: 06 AUG 2026 5:00PM by PIB Delhi In a major development resolving a crucial industrial dispute, a Memorandum of Settlement was successfully executed on 27th July, 2026 between the Management of Bargarh Cement Works of ACC Limited and its workmen, represented by the Hira Cement Shramika Sangha, Bardol, Bargarh district. The dispute arose following a closure notice dated 19.06.2026 issued by the Management proposing to close the establishment with effect from 19.08.2026. The amicable resolution was achieved through extensive conciliation proceedings led by Shri Chiranjeev Saikia, Deputy Chief Labour Commissioner (Central), Bhubaneswar, serving in his capacity as Conciliation Officer under the Office of the Chief Labour Commissioner (Central), Ministry of Labour and Employment, Government of India. The dispute arose consequent upon a notice of closure dated 19.06.2026 issued by the Management, proposing to close the establishment with effect from 19.08.2026. Upon the matter being brought before the Conciliation Officer, sustained conciliation proceedings were undertaken between the managementand the workmen, represented through the General Secretary, Hira Cement Shramika Sangha, Bardol. Pursuant to these proceedings, and upon due consideration of the submissions and interests of both parties, a Memorandum of Settlement was arrived at and duly signed on 27.07.2026. Under the terms of the Settlement, a minimum financial package of Rs. 26.81 Crore stands secured for the benefit of at least 61 Shop Floor Associates (SFAs) engaged at Bargarh Cement Works. The Settlement further embodies provisions addressing the welfare and service-related entitlements of the workmen, thereby safeguarding their financial interests and social security in a comprehensive manner. In the course of the conciliation proceedings, the Management was duly sensitized regarding its statutory obligations pertaining to the welfare of workmen, the maintenance of fair conditions of service and compliance with the applicable labour laws. Emphasis was laid upon the necessity of preserving harmonious industrial relations through constructive dialogue and upon the timely implementation of welfare measures. The Management, for its part, gave an assurance of its continued commitment to the welfare of the workforce and to the observance of statutory provisions. The Settlement was arrived at with the active cooperation extended by the representative of the Management of ACC Limited, Bargarh Cement Works, and the leadership of Hira Cement Shramika Sangha, Bardol, Bargarh and reflects a constructive resolution of the dispute achieved through the process of conciliation. The proactive, empathetic and persistent efforts of Chief Labour Commissioner (Central) Organisation played a pivotal role in guiding both parties toward a balanced and harmonious agreement, while upholding statutory compliance, transformed a potential crisis into a constructive solution. *** Rini Choudhury(रलीज़ आईडी: 2295555) आगंतुक पटल : 747 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Odia , Tamil

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