CITU denounces RINL over insurance premium hike for retired employees

The Centre of Indian Trade Union’s (CITU) Visakhapatnam unit on Saturday criticised the Visakhapatnam Steel Plant management’s decision of unilaterally increasing the medical insurance premiums for its retired employees and termed the move as an “unfair financial burden” on the elderly people.

In a joint statement, the unit’s president, U. Ramaswami, and general secretary, J. Ayodhya Ramu, highlighted the role of the retired employees in the growth and development of the steel plant, condemning the management’s decision.