New Delhi: The Cabinet Committee on Economic Affairs (CCEA) may soon take up the proposal to restructure allowances for Air India staff. This whole exercise aims to save over Rs 320 crore annually for the Government-owned company.
“The Civil Aviation Ministry floated a draft note for Inter Ministerial consultation. As soon as this process is over, it will be taken up for consideration before CCEA,” a senior Government official told Business Line. This draft is based on the recommendation given by Dharmadhikari Committee, he added.
At present, Air India’s annual wage bill is approximately Rs 3,200 crore out of which Rs 1,750 crore is spent on wage and allowances for licensed category employees such as pilots, cabin crew and engineers. Restructuring of allowances for pilots, cabin crew and engineers is likely to save Rs 200 crore while those for non-licensed category may save another Rs 120 crore, he said.
01/01/13 Shishir Sinha/Ashwini Phadnis/Business Line