

Srinivasa Murti Devulapalli <devulapallimurti@gmail.com>
HISTORY REPEATS.....?!?
Srinivasa Murti Devulapalli <devulapallimurti@gmail.com>
18 September 2020 at 06:28
To: All my friends on the mailing list.
MY DEAR FRIENDS,
HISTORY REPEATS..."?"
Annexed here is the joint circular dated 17 09 2020 issued by the constituents of the working group for workmen (excepting BEFI who stayed away in solidarity to the fraternity of Bank Pensioners and are on their crusade for our cause) detailing out various issues on which a broad understanding is reached to pave way for signing the final settlement under ID Act.
https://drive.google.com/file/d/1yYPz0UgAq3XcfR9imF4Td40PgF5T9QUn/view?usp=sharing
https://drive.google.com/file/d/1sPn7p0f_uhwp5txMFOGiJ4oD-vGaEIU9/view?usp=sharing
Of course, Pensioners issues have no place to mention as in the past.
HISTORY REPEATS… !?!
annexed here is the link for the video clipping of the Nation -wide mass protest demonstrations being organized by BEFI:
https://drive.google.com/file/d/1kmjmOY6N8KlmkI08ePnKDI4OLRMWW0PZ/view?usp=sharing
We express our sincere thanks to BEFI and support them in their endeavors for our collective cause.
https://drive.google.com/file/d/1MhDk46DJDFFRDLsRmADhW6rcautnrg7b/view?usp=sharing
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OUR PENSION ISSUE - QUESTION RAISED IN RAJYASABHA BY SRI KARIM , HON'BLE MP FROM KERALA DURING THE ONGOING MONSOON SESSION. CLICK THE FOLLOWING VIDEO LINK:
https://www.youtube.com/watch?v=iFiOOx9LZ_8&feature=youtu.be
WE THANK SRI KARIM GARU FOR EVINCING KEEN INTEREEST FOR OUR CAUSE
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With Greetings & Regards,
“|| यतो धर्मस्ततो जयः ||”IS THE ULTIMATE......
I remain - Yours,
దేవులపల్లి శ్రీనివాస మూర్తి /
Devulapalli Srinivasa Murti.
SEPT. 18, 2020 ::
VIJAYAWADA 521108
QUOTE:
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ALL INDIA BANK EMPLOYEES’ ASSOCIATION (AIBEA) NATIONAL CONFEDERATION OF BANK EMPLOYEES (NCBE) NATIONAL ORGANISATION OF BANK WORKERS (NOBW) INDIAN NATIONAL BANK EMPLOYEES FEDERATION (INBEF)
CIRCULAR TO OUR UNIONS & MEMBERS 17-9-2020
Dear Comrades,
Bipartite Talks held with IBA today
Further to the signing of MoU on 22-7-2020, IBA set up two separate Working Groups for workmen employees and officers respectively to discuss and finalise the distribution of the agreed cost into various payslip components so that the full-fledged Settlement can be signed at the earliest.
A preliminary round of the meeting of the Working Group for Workmen was held on 20th August, 2020. This was followed by further discussions on 28-8-2020. Today one more round of discussion took place in IBA Office.
IBA was represented by Chairman of the Working Group Shri Rakesh Sharma (MD&CEO, IDBI Bank), Shri Gopal Murali Bhagat, Dy. Chief Executive, IBA, Shri S K Kakkar, Sr. Advisor-HRA, IBA and other members of this Small Committee. From our side, representatives of our 4 unions participated.
Gist of discussions:
Cost of wage revision – for workmen : Rs. 3385 cr (Out of the total of Rs. 7898 crores). Amount allocated for Basic Pay, DA, Spl. Pay, PQP : Rs. 495 crores
For other payslip components : Rs. 2890 crores
Pay Scales: Proposals on revised Pay Scales were discussed and looking to overall cost, it was decided to finetune the same and finalise the payscales. It was agreed that one more stagnation increment would be granted both to clerical and substaff.
DA: 0.07% per slab of 4 points over 6352 points of CPI
Special Pay, PQP, FPP – being revised on the same basis as revision in Basic Pay.
Special Allowance: From our side, we suggested that the existing rate of Special Allowance should be revised substantially upward but within the cost and it was decided to take a final decision in this regard in the next meeting since the same has to be synchronised with officers.
Revision in HRA, Transport Allowance and Medical Aid: After finalising the percentage of Special Allowance , these items would be finalised.
Non financial items: Most of the items as already discussed during the earlier meetings were reiterated and confirmed. Few remaining items will be finalised shortly.
Further discussion will take place in the next meeting to be convened at the earliest keeping in mind the need to finalise the final Settlement within the stipulated time.
With greetings,
Yours comradely,
Sd. Sd.. Sd.. Sd..
C H Venkatachalam S K Bandlish O P Sharma Upendrakumar
Gen. Secretary Gen. Secretary Acting Gen. Secretary Gen. Secretary
AIBEA NCBE INBEF NOBW
UNQUOTE:
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