📢 Petition Title

Protect Fair Pay in Public Sector Banks: Rethink the PLI Scheme

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📌 The Issue

Public Sector Banks in India have long functioned on principles of collective performance and equitable compensation, ensured through bipartite settlements between management and employee unions.

The newly proposed Performance Linked Incentive (PLI) scheme departs from this model by introducing individual performance-based incentives, primarily for senior officers. This shift risks undermining the foundational structure of fairness and teamwork in banking.

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⚠️ Key Concerns

- Erosion of Team Culture: Banking operations depend on coordinated efforts. Individual incentives may weaken collaboration and encourage unhealthy competition.

- Rising Inequality: The scheme creates a disproportionate reward structure, benefiting only select senior officers while excluding the majority, leading to dissatisfaction and morale issues.

- Lack of Consultation: The proposal has been introduced without adequate dialogue with recognized unions, bypassing established bipartite mechanisms.

- Institutional Impact: Public Sector Banks serve broader socio-economic goals. Excessive focus on individual rewards may distort priorities and affect balanced decision-making.

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🧾 Our Demands

We urge the Government of India to:

1. Reconsider the PLI scheme in its current form

2. Ensure incentives remain inclusive and collective

3. Engage in meaningful consultation with unions

4. Uphold fairness, transparency, and institutional harmony

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✊ Call to Action

A unified workforce is essential for a strong banking system. Policies that create division risk long-term institutional stability.

Sign this petition to support fairness, unity, and integrity in Public Sector Banks.