Bank employees federation of India conducted a Central Committee meeting on
08th of August 2020 on their stand w.r.t. 11th Bipartite Settlement MOU signed on 22nd July 2020. In this meeting, BEFI criticized the adamant attitude of Indian Banks' Association (IBA) in considering the legitimate demands of Banker during the BPS meeting dated 22.07.2020. Further in meeting, NPS, PLI, and meager 2.50 load on basic was collectively opposed. BEFI also discussed the privatization and merger news coming from front-line media houses on daily basis and strongly opposed the decision on government. Further is was decided to observe 09th August 2020 as "Save India Day" and 18th August as "Solidarity Day" agaist the anti people and anti national policies of government. In addition to above BEFI also demanded the following:
1.
Stop Privatisation
of Public Sector Undertakings
2.
Stop Privatisation
of Public Sector Banks
3.
Stop Looting of
public money through IBC Code
4.
Initiate criminal
proceedings against Wilful Defaulters
5.
Recover Bad Debts
from Corporate Borrowers
6.
Halt Merger move of
RRBs with India Post
7.
Stop reduction in
Rate of Interest on Deposits
8.
No Privatisation of
Cooperative Banks
We have reproducced the text of the circular no.49 dated 08.08.2020 of Bank Employees Federation of India for the ready reference of our reader:
"Quote"
Circular No.49/2020 8th August 2020
To all Units, Affiliates, Office Bearers, CC &
GC Members
Dear Comrade,
Central Committee Meeting
A meeting of the Central Committee of our
Federation was held yesterday in virtual mode. The meeting was presided over by
Com. C J Nandakumar, President of our Federation.
At the outset, respectful homage was paid to
Com. Shyamal Chakraborty, ex-MP, ex-Minister, Govt. of West Bengal, former Vice
President of CITU and a leader of left and democratic movement; Com. MSN Rao,
our ex-Vice President; Com Ashok Bandyopadhyay, leader of cooperative movement;
other eminent personalities who have passed away.
Meeting mourned the deaths of bank employees
as well as common people including physicians, nurses, health workers, police
personnel who became victim of Covid-19 pandemic during the recent period.
Meeting also mourned the deaths of people of different states due to
devastating natural calamities.
The meeting discussed many important issues on
which the CC members expressed their observations and gave valuable
suggestions. The decisions taken on different issues are as under:-
MoU on 11th Bipartite Settlement:
The CC meeting wholeheartedly endorsed the
decision of not signing the MoU on 22 July 2020. The meeting strongly
criticized the adamant attitude of IBA depicted during the negotiation on 22nd
July 2020. The meeting felt that loading
of paltry 2.5% is quite inadequate and will not be beneficial for the existing employees as well as future
retirees. The CC members expressed their dissatisfaction as sensitive issues
like Merger of Special Allowance with BP;
5 day banking; updation/revision of pension were not discussed and did not find place in the MoU. The meeting
did not accept IBA's denial of noting their in principle approval of enhancing Family Pension to 30% of last drawn BP
without ceiling when the IBA Chairman himself announced this on 22 July during
the negotiation. The CC members apprehended ill motives of IBA behind their
declaration in regard to all other issues as settled.
The meeting endorsed the decision of opposing Performance Linked Incentive (PLI) as it will disturb uniformity achieved through
industry level settlement and at the
same time encourage the managements to ignore collective bargaining as evident
recently during the pandemic in regard to leave matters and extending benefits
to the employees differing from bank to bank.
The CC meeting reiterated its commitment to
fight for discontinuation of National
Pension System (NPS) in banking industry and bringing all employees/officers under defined
pension scheme. The meeting though appreciated the decision of additional
contribution by the banks in line with the Central Government but also
expressed that immediate benefit of added contribution will be available only
to the corporate fund managers.
The CC meeting decided to continue demanding
Merger of Special Allowance with BP; 5 day banking; Updation/Revision of
pension as per RBI pattern to be finalised within this settlement itself as also
immediate approval for improvement of family pension. The meeting advised all
our units and affiliates to unleash all out campaign among all sections of
employees and officers against negative attitude of IBA and for improvement of
MoU.
The CC members expressed that though BEFI did
not sign the MoU but it should work for maintaining broad based unity within UFBU for the Interest of
the banking industry and its stakeholders.
Privatisation Spree of the Govt. &
Immediate Action Programme:
The CC members expressed deep concern over
Govt’s announcement of massive privatization of the public sector enterprises.
The media is frequently reporting about consideration of the Govt. for
privatizing some of the public sector banks (PSBs) and diluting Govt. holding in
PSBs. The meeting decided to oppose all such ill attempts of the Govt. by
creating awareness among all sections of bank employees. It further decided to
continue independent programme and also take initiative simultaneously for
holding joint programme under the banner of UFBU and/or with other
constituent/s of UFBU whoever will come forward for joint action against
privatisation of PSBs.
The CC meeting decided to take initiative to
observe “Save India Day" on 9th
August 2020, Sunday and “Solidarity Day”
on 18th August 2020, Tuesday (day of Strike in Coal Sector) at the call of
National Platform of CTU and Independent Federations against anti-people
anti-national policies of the Govt.
The meeting called upon all our units and
affiliates to display our following demands through physical assembly in front
of the branches/offices on 10th August 2020, Monday at convenient time
following extant health protocols.
The
meeting decided to oppose the proposal for merger of Regional Rural Banks (RRB)
with India Post; as also recent moves of Govt. regarding control of the
Cooperative Banks with ulterior motive of privatization.
Demands:
Ø
Stop Privatisation of Public Sector
Undertakings
Ø
Stop Privatisation of Public Sector Banks
Ø
Stop Looting of public money through IBC Code
Ø
Initiate criminal proceedings against Wilful
Defaulters
Ø
Recover Bad Debts from Corporate Borrowers
Ø
Halt Merger move of RRBs with India Post
Ø
Stop reduction in Rate of Interest on Deposits
Ø
No Privatisation of Cooperative Banks
Post Mega Merger Situation
The CC meeting took note of the prevailing
situation after mega merger effective from April 2020. It advised the
affiliates in the restructured entities to work in a coordinated manner along
with our affiliates in merged banks to redress the pending as well as new
problems of the employees in general by taking up the same with the management
jointly. Initiative should be taken for harmonization of best of benefits; to
oppose any move for closure of branches and redundancy of the employees the meeting
stressed. The meeting further advised the units to initiate the process for
assimilation of the affiliates within the restructured entity at the earliest.
BEFI NEWS
Consequent upon the Lockdown due to Covid-19
pandemic, we could not publish our 50th issue of the series due in
April 2020. In the prevailing situation publication of printed edition is not
possible. The BEFI News Sub Committee has decided to publish Digital Edition of our journal during
the month which will be a clibbed issue of 50th and 51st.
With greetings,
"Unquote"
References: BEFI Circular
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