|SAVE BANKING INDUSTRYY||
|TWIN ON ONE TASK|
TO ALL UNITS
50,000 members of AIBEA and AIBOA
Our units and members are aware that it was
decided in our recent Conferences held at Hyderabad and Chennai to
continue and intensify our struggles against the increasing attacks and
challenges in the form of banking reforms. The challenges are all
well-known to all of us and day by day, the Government is trying to
speed up their agenda. Government
is refusing to adequate capital to the Banks, and even if it is to be
given, all types of conditionalities are being insisted upon.
Few days ago, RBI Governor Urjit Patel has
spoken in a meeting that merger is the only solution for the stresses of
the Banks. Again, RBI Dy.
Governor Viral Acharya has said that some of the nationalised Banks have
to be re-privatised. But they have no time to talk about stringent
measures to recover the huge bad loans contributed by the corporate
Looters of public money and those
responsible for huge bad loans in the banks are given concessions but
ordinary bank customers are levied heavy service charges and penalties.
Private sector which is the main contributor of the massive bad
loans in the Banks are given banking licenses.
It is quite obvious that there would be more
and more attacks on public sector banking.
In the 28th February, All India Strike we highlighted
these issues and problems. In
order to continue our struggles, create more awareness amongst the
people, to enlist further support to our demands and to focus public
attention, we are now launching a national campaign programme to be
observed by our units all over the country which will culminate in a
massive Morcha to Parliament on
2017 ( Friday) at Delhi
when our Memorandum will be submitted to the Prime Minister.
Since the booking of tickets can be done 4
months prior, we are advising all our units to move from now on to make
it a massive protest programme.
TO ALL UNITS &
Improvements in Gratuity under Gratuity Act
Our units are aware that Gratuity is one of
the important retirement benefits for the bank employees and officers.
While there is no ceiling for Gratuity under
BPS/OSR, under the Act, there is a ceiling which is atpresent Rs. 10
Due to continued inflationary trend and
erosion in value of rupee, AITUC and all other Central Trade Unions have
been demanding improvement/ removal of ceiling under the Gratuity Act.
Due to their effort, the ceiling was increased from Rs. 1 lac to
Rs. 2.50 lacs, and then to Rs. 3.50 lacs and to Rs. 10 lacs in May,
2010. They have been
demanding for removal of ceiling on Gratuity under the Act.
AITUC and Central Trade Unions have been
pursuing this issue for the last more than 4 years through various
programmes and struggles.
Thus AIBEA and AIBOA
have been part and parcel of all these programmes and strikes on the 12
Points Charter of Demands of the Central Trade unions which includes the
demand for improvement in Gratuity Act.
AITUC and Central Trade Unions have been
following up these demands with the Government and as a result, recently
on 23-2-2017, the Central Government called for a Tripartite meeting on
the issue of revising the ceiling on Gratuity. From AITUC, its
Secretary, Com D L Sachdev participated and put forth the following
While there should
be no ceiling for Gratuity, as an interim measure, Government’s
proposal to increase in ceiling of Rs. 20 lacs can be accepted.
The revised ceiling
should be made effective from January, 2016.
Minimum service of
5 years for eligibility for Gratuity to be removed.
Gratuity to be paid
at 30 days wage per year instead of 15 days wage as atpresent.
factories/establishments to be covered by the Act irrespective of number
All these matters have to be finally cleared
by the Labour Ministry and then by Finance Ministry and then to be
brought to the Parliament for amendment to the Gratuity Act.
Units are aware that improvement in Gratuity
Act has been one of the demands of our strike on 28-2-2017.
We are in touch with the AITUC and will keep our units informed
of any further development in this regard.
[AIBOA- Joint Circular No.6/VII/2017]
TO ALL UNITS & MEMBERS
February 26, 2017
FEB. ALL INDIA STRIKE A TOTAL SUCCESS
We are sure that all efforts are being taken by all
our units in all the States and in every Bank to make the UFBU’s call
for All India Strike on 28th February, 2017 a total success.
In the light of the increasing attacks on account of the
Government’s anti-public sector policies, defending public sector
banking is very important. Fighting
back all attempts to privatise the PSBs is a paramount duty.
When Banks are facing challenges, Government has
announced recapitalization of just Rs. 10,000 crores in this year’s
Budget. This means that
either the business of the banks will get choked or Banks will be
compelled to tap private capital from the market thus diluting public
We have seen how the Government is bulldozing all
protests and opposition by issuing Gazette notification on merger of 5
Associate Banks with SBI unmindful of its adverse implications.
Similarly, while bad loans are bulging every
quarter without any let up, no stringent measures are being taken to
recover the NPAs but efforts are afoot to float a Bad Bank to whitewash
the books of the Banks and to conceal and camouflage bad loans from
Instead of filling up the vacancies of employees
and officers with permanent staff, every effort is being made to
outsource regular jobs aimed at crude exploitation of the unemployed
youth. There are intensified proposals to amend all labour laws to suit
the employers and private corporates.
Even on the issues and demands pertaining to
employees and officers, the Government’s attitude is negative and
managements’ approach is also casual.
When the whole country had witnessed the
outstanding work done by the employees and officers during the
post-demonetisation rush period in the branches by working day and
night, even the compensation to be paid to the staff is not paid in
full. There are many other
important issues which are being ignored by the management and the
Hence, UFBU has given the call for this All India Strike.
on 21st Feb. by CLC: Based
on the strike notice served by UFBU on IBA, the Chief Labour
Commissioner of the Central Government had called for a conciliation
meeting at Delhi on 21st instant.
In this meeting the Finance Ministry and IBA did not take any
initiative to resolve the demands and hence it was decided to go ahead
with the strike. The CLC
advised the Finance Ministry and IBA to initiate the dialogue with the
UFBU for amicable settlement of issues, so that proposed strike is
In view of this advice of the CLC, the IBA reluctantly wrote to
UFBU offering to hold a discussion but on the condition that the strike
should be withdrawn first. UFBU
replied that meeting can be held before the strike and if solutions are
worked out, strike can be avoided. But
IBA deliberately insisted on their stand and thus thwarted any
discussions with UFBU.
Make the strike a
total success : The only way we can respond to this negative attitude of IBA-Government
combine is to make the strike a massive success with all our unity and
All our units should
ensure that all our members participate in the strike enthusiastically.
All our members
should be mobilised to participate in all the rallies, demonstrations
being organised at the respective centres.
United Forum of RRB
Unions has also given the call for strike in all the RRBs.
All India Co-op.
Bank Employees Federation has also given the call and hence all
employees and officers in the Co-op. Banks will also participate in the
Reports should be
sent by all our Unions to us about the observance of the strike,
participation of our members in the progrmames, etc.
comes to those who dare to act and not to the timid – Jawaharlal Nehru