For port and dock workers, a new wage settlement was signed on October 25 in New Delhi before the Chief Labour Commissioner. The settlement was signed between the five major port and dock workers’ federations and the Indian Port Association, the governing body of major ports. The settlement would come into force from January 1, 2012.    The five trade unions are Water Transport Workers’ Federation of India, All India Port & Dock Workers’ Federation, All India Port & Dock Workers’ Federation (workers), Indian National Port & Dock Workers’ Federation, and Port, Dock & Waterfront Workers’ Federation of India.    As per the agreement, it was decided to give 10.5 per cent fitment on basic pay plus DA.    Overall, the lowest paid employee will get Rs 4,000 and the maximum will be Rs 8,000-9,000. Nearly 48,000 of port and dock workers will be benefitted out of this settlement.