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The Ambalavayal native suffered serious facial injuries in the assault on Friday.
Recently, nurses in private hospitals in the State had gone on strike to press their charter of demands, including increasing their daily wages to Rs 1,500.
The compensation will be paid out of the resources of the State Employment Guaranteed Fund.
According to sources, the protesters demanded regularisation of their jobs and increase in the wages.
The main demands of workers are increase in wages, timely allotment of money for coir societies by the Coirfed and granting permission for coir societies to procure fibre independently.
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