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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, November 11, 2017

unions should not collect levy as well as monthly subscription, they surrender to iba wage revision is drama

views of Mr. G V MANIMARAN , a prominent union leader - Regarding wage revision some facts as per my personal view:
Let’s understand the ground realities.
Trade unions are demanding and submitting the charter of demands on time which reflects the desires and expectations of the cadres.
If it is totally accepted by the Government and IBA, No delay and No dissatisfaction.
Negotiation are happening only because the rulers are not accepting your demand and ultimately trade unions to compromise.
In between threat from the cadres that they will demolish the trade unions.
Now you see the current year.
1. Well in advance charter is submitted which satisfies the majority of the workforce.
2. See the Government stand and enigmatic actions.
A. The Government which sent letters to individual banks to settle the wages early in January 2016 is not ready to direct the banks to submit the MANDATES.
In the process, the private banks, RRBs and cooperative Banks did not submit the mandates.
B. Against the usual practice and procedure , majority of the PSBs submitted the mandates to settle the salary up to scale III,
The Government and IBA are not ready to instruct the banks to revise the mandates and rather they advised the trade unions to take up with the respective banks.
Results are
a. The trade unions are vertically divided because PRIVATE BSNKS, RRBs and COOP banks have not given the Mandates.
b. Trade unions are horizontally divided because mandates are available up to scale III only.
c. Fight for wage revision is getting diluted because trade unions are directed to fight even for mandates and that too with the respective Banks.
3. The Government and IBA have forgotten two BASIC CARDINAL and WELL ACCEPTED TWO PRINCIPLES IN WAGE REVISION.
A. The wage is the compensation given by the employer to his employee to lead a decent life matching to the status he enjoys in the respective institution.
Thus basic wages cannot be linked to the PROFIT and PAYING CAPACITY but the ALLOWANCES could be.
That’s why MINIMUM WAGES is announced by the Government even for the unorganised sector.
7th CPC has fixed the minimum basic for the entry level lowest cadre as 18000 as on Jan 2016.
B. An employee is an employee till his death and even after death too.
Thus, he is given gratuity and pension and family pension too.
And the basic demand is that such pension should be updated to meet the challenges of inflation at the old age.
4. Both were denied by the Government and IBA.
5. In between a pressure is mounted by the Members to dislodge the trade union and criticism by the Retired workforce too.
6. I personally feel that this undue pressures at times force the leaders to compromise somewhere.
My basic Questions are
1. When the charter of demand is acceptable for every one of us, why blaming the trade unions & leaders and why you are not coming down heavily on the the Government and rulers?
2. How the Government can deny the minimum wages to lead a decent life to Bank employees and linking to profit when the Banks are in loss, while they permitted same as 18000 and a rumour to increase to 21000 even in the deficit budget to Govt employees.
3. How the Government can deny the updation of pension which is the duty of the rulers to take care as a social responsibility when they adopted the principle for the government employees?
4. How they can treat the retired employees separately and demand higher premium for their health insurance instead of treating as a continued facility after the retirement too.
It is more important as the medical facility is very much needed at the old age only, cost of treatments and medicines are constantly increasing and pension and family pensions are updated.
5. How they can introduce performance related incentives when the performance is not in the hands of individual officers and employees?
The branches could be non performing but, how an officers and employees could be branded as NON PERFORMERS?
Will it not discourage the intellectuals among the Indian youth to join in the Banking sector?Will it not discourage the intellectuals among the Indian youth to join in the Banking sector?
Will it not demoralise the young Indian workforce constituting about 70% of the Bank employees presently employed?
It is obvious with current mindset of the Government trying to bulldoze everything in their favour and control, finding the solutions and fighting for getting the remedies of above problems unitedly are important.
LEADERS ARE FROM YOU ONLY AND THE MAJORITY ARE IN THE AGE GROUP OF ABOVE 55 AND MAY NOT BE IN THE SCENE EVEN FOR THE NEXT WAGE REVISION WHICH SHOULD BE SOLELY MANNED BY THE TODAYS YOUTH ONLY.
THUS, THIS WAGE REVISION MUST BE THE BEST ONE AND SHOULD SET PROPER and PRINCIPLED PLATFORM FOR THE FUTURE WAGE REVISIONS WHICH WOULD BE HANDLED BY THE PRESENT YOUTHS.
So, WHY FOR A CHANGE IN ALL THE SOCIAL MEDIA, IRRESPECTIVE OF THE AFFILIATIONS, CADRES AND STATUS WE SHALL ENCOURAGE THE LEADERS BY SAYING THAT
1. Wages should not be linked to the PROFIT AND PAYING CAPACITY.
2. The wage should be fixed on the principles of giving minimum Basic for the employee to lead a decent life matching to the status in their respective institution.
3. Benefits to retired employees shall not be viewed separately and it should be the continued facility and thus updated pension should be available and health insurance premium shall be fixed accordingly.
4. As the promotion is not in the hands of individuals, the running scale should be permitted till retirement.
5. Non financial issues must be de linked from the wage revision and we must be able to discuss such issues any time it arises as these issues are hampering our bargaining power of settling Financial benefits.
AND TILL THESE BENEFITS ARE ACHIEVED YOU CONTINUE TO FIGHT,
DON’T BOTHER ABOUT THE TIME,
WE ARE PREPARED TO WAIT AND FIGHT TOO.
When we are getting DA increase/decrease regularly, giving such freedom and encouragement will strengthen and free our TOP LEADERS TO FIGHT FEARLESSLY.
If the collection of LEVY is the problem of few and is being used to criticise leaders, we will request them not to collect.
WHY DONT YOU GIVE THIS FREEDOM TO OUR LEADERS AS THEY ARE AMONG US, FOR US AND WITH US.
PURELY PERSONAL VIEW AND I AM NOT IN THE NEGOTIATING TEAM ALSO.
MANIMARAN G V

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