After a tripartite agreement between the management, Haryana Govt and the workers the two week strike at Maruti Suzuki India’s Manesar plant has been called off this morning. As per the agreement, the company will take back 64 permanent workers while 12,00 casual workers will also be reinstated. However, 30 workers will remain suspended. The results of ending the strike were visible, as Maruti’s share rose over 3%.

The agreement also said about setting up a couple of committees for grievance rederssal and labor welfare which will provide cordial working environment in the plant. The agreement was reached after several rounds of talks starting on Wednesday, in presence of senior officials of the Haryana government. The strike has started to hurt the production of the company. Before the agreement, it was understood that the company management had considered individual cases of employees against whom disciplinary action was taken and according to sources if the charges were not serious then the workers were taken back.

However, in case of 30 workers the charges were serious and the casual workers were taken in order to meet the requirement of expansion at the Manesar plant. It is to be noted that workers were on strike since October 7 demanding the reinstatement of approximately 44 permanent workers and 1200 casual workers. The agreement looks forward to set up a “Labor Welfare Committee” and a “Grievance Rederssal Committee”. The company will also be arranging transport services for workers as per their shift timings.