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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*********

Sunday, November 27, 2022

3 Minutes Each, It's A Joke": Why 10 Unions Are Boycotting Budget Meet With Minister N Sitharaman

A joint forum of 10 central trade unions has decided to boycott the virtual pre-budget consultation with finance minister Nirmala Sitharaman on November 28, demanding a physical meeting with reasonable time to speak.

Pre-budget consultation is an annual exercise under which representatives of different sectors give suggestions and raise demands to be addressed through the Budget.

In a letter on Friday, the forum stated, "Now your email dated November 25, 2022 under reference, makes it explicit that each central trade union will be allowed to speak for three minutes. This is a joke and we refuse to be part of such a cheap joke. We will not participate in the proposed video conference on November 28, 2022." Earlier on Friday, in a letter shot off to the finance ministry, the forum had jointly protested against a restricted video conference for pre-budget consultations.

"We are constrained to express our disappointment for calling this meeting on virtual mode despite complete easing of Covid restrictions, and that to for 75 minutes only for consultation involving more than 12 central trade unions, may be more as indicated by the invitation letter. As per the labour ministry's physical verification, there are 12 central trade unions in our country. That means less than five minutes or even less for each organisation, if time for customary opening remarks is taken into account," they forum had stated.

Later on Friday, the forum received another letter from the finance ministry stating that each participating central trade union will be allotted three minutes to make their suggestions.

In response to the letter, the forum shot off another letter on Friday and stated that the CTUs therefore have decided to boycott the proposed video conference.

The forum also urged the finance ministry "to seriously reconsider convening of a physical meeting with reasonable time-allotment for effective consultations in the pre-budget meeting with the trade unions." The forum also invited the finance minister for an open debate about these policies without any time restrictions on her to defend policies followed by her.

The 10 trade unions which form the forum are INTUC, AITUC, TUCC, SEWA, HMS, CITU, AICCTU, LPF, AIUTUC and UTUC.

There are about a dozen central trade unions in the country, including Bhartiya Mazdoor Sangh (BMS). The BMS is not part of the joint forum.

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