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*ALL INDIA BANK EMPLOYEES' ASSOCIATION*
*PRESS RELEASE*
21.02.2017
In the background of the call for All India Strike in all the Banks by one million employees and officers of public sector banks, private banks, foreign banks, co-op. banks and regional rural banks by the 9 union umbrella United Forum of Bank Unions, the Chief Labour Commissioner of the Ministry of Labour , Govt of India called for a conciliation meeting in Delhi in his office this morning. Representatives of Indian Banks Association /IBA and United Forum of Bank Unions / UFBU were present. All attempts to find solutions to the demands raised by the unions yield no result and hence United Forum of Bank Unions has decided to proceed with the proposed strike on 28th Feb. 2017.
Issues and Demands of strike
*OPPOSING:*
Anti-people Banking / Labour Reforms
Government moves infringing trade union rights
Outsourcing of permanent jobs
*DEMANDING:*
Legitimate compensation of employees and officers for extra hours of work performed on demonetization work;
Removal of Gratuity ceiling under Payment of Gratuity Act, 1972;
Exemption of Income Tax on Gratuity and Leave Encashment on retirement.
Immediate appointment of Workmen/Officer Employees Directors in all Banks/FIs.
Early initiation of process of next wage revision of bank employees.
Pension related issues – Improvements in pension scheme on the lines of RBI/Central Government including for past retirees – Extension of erstwhile Pension Scheme in banks in lieu of NPS – Follow up of Records Note dated 25.05.2015.
Implementation of Compassionate appointment scheme on the lines of Central Government as approved by the Government.
Adequate recruitment in all cadres.
Reimbursement of cost of demonetization to Banks by Government.
Immediate introduction of 5-Day Banking
Stringent measures to recover bad loans and accountability of top Executives.
Criminal Action on willful defaulters.
C H VENKATACHALAM
GENERAL SECRETARY AIBEA
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