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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*********

Thursday, June 4, 2020

BMS to organise nationwide protest on June 10 against privatisation

The Bharatiya Mazdoor Sangh (BMS), the labour wing of the Rashtriya Swayamsevak Sangh (RSS), will organise a nationwide protest on June 10 against the central government’s plan of privatisation in various sectors.
On Thursday, the BMS, which had earlier pushed the Narendra Modi-led government to prevent states from pushing changes in the labour laws, criticised the move to commercialise the coal sector; corporatisation of the defence ordnance factories board and railways; strategic sale of public sector units (PSUs), merger and privatisation of banks and insurance sector; and to attract more foreign direct investments (FDIs) into the country.
“A nationwide protest under the banner ‘Save Public Sector, Save India’ will be organised in the form of a day-long dharna, protest meetings, and campaign etc; at the unit level,” said Vrijesh Upadhyay, general secretary, BMS.
In May, while announcing the government’s fourth tranche of initiatives towards achieving Atmanirbhar Bharat in a bid to tide over the growing economic crisis triggered by the raging coronavirus disease (Covid-19) outbreak, Union finance minister Nirmala Sitharaman had announced structural reforms in eight sectors of the economy — coal, minerals, defence production, aviation, power distribution in union territories, space and atomic energy.
The BMS, which has been critical of the government’s decision to privatise the national carrier Air India and other PSUs said, “…It is being observed from past few decisions of the government that it is trying to push and impose its unjust decisions on the workers of the country. The BMS is committed to fighting until it stops the government from taking the anti-public sector and anti-worker decisions.”
The BMS has taken an adversarial position against the government’s decision. “The government is justifying the dire need of money to run its machinery. However, it has no moral right or authority to sell national assets created by its predecessors,” it added.

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