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Wednesday, February 24, 2021

UFBU must rework and renegotiate with IBA to have a fair D.A. rate to 0.10% instead of 0.07%

D. A. expected to travel southward in future
At the time of signing MoU in July, 2020, AICPIN-IW (1982=100) was in use. But, in September, 2020, all of a sudden the Index was changed to 2016 series.
Since the composition of 2016 series has different items, carrying different weights, UFBU failed to examine the adverse implications of adopting 2016 series properly, before signing the full agreement in November, 2020.
Since the new scheme of D.A. compensation will result in loss due to fall in D.A. as per existing pattern or only a meagre increase, UFBU must rework and renegotiate with IBA to have a fair and just D.A. compensation.
Therefore, it is necessary that the compensation must be raised to 0.10% per Slab, as against the present 0.07% per Slab.
Will UFBU come forward to renegotiate the quantum of compensation for each slab of AICPIN on the above lines?

4 comments:

Raghubir said...

Union should negotiate with IBA after signing settlement & shifting of base year to 2016 instead of earlier. Da slab be more & 10 paise

Srk said...

Yaha pe haal itna bura hai ki.. merging hone ke 1 month baad 1 day strike hoti hai...aur DA phir se negotiate hona toh chodo.. privatisation ka oppose toh karo..why not indifinte strike...

Srk said...

All union identity will be finished in next 2-3 years..and they own responsible for it

MVR Murthy said...

Testing time for Unions..All groups should integrate to withstand opression tactics. Otherwise Government will complete all reforms in two years. Employment growth and allround development are promised by privatisation.loss making Poses will be surrendered, instead of rehabilitation and nursing.

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