You are using 2 output links but the second output link does not have any output columns. Is the problem because of that?
When the second output link is a reject link from a Sequential File stage you can not dictate the metadata; you get one column, the raw input record.
Something similar is true in the Other/Log link in a Transformer stage (or, indeed, any output link). Passthrough columns do not show up in the derivations. Instead, they are set up as pointers to the same variable. (This is also the technique used in server/BASIC Transformer stages.)
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Thanks for your replies. I strongly feel that there was not a problem with meta data definition, stage variables or environment variables. Definitely there was a problem with the configuration, because all the jobs in our project throwing the similar error at transformer stage.