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Reetobroto Kumar Mitra

5 articles
Labor disputes and benefit claims are impacting state-owned enterprises in India, highlighting potential liabilities and operational inefficiencies. Recent court orders compel Calcutta State Transport Corporation (CSTC) and Eastern Coalfields to address delayed provident fund payments and compassionate claims for deceased employees, with penalties including significant interest charges for non-compliance. These rulings underscore the importance of diligent record-keeping and timely benefit administration for these organizations, as failure to do so can result in substantial financial obligations and reputational risk. Investors should monitor these developments as indicators of broader governance and labor relations challenges within the public sector.