News Items that Bankers Will Be Covered Under 6th / 7th Pay Commission - Rumour or Truth ?
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For last few days a number of links are making round in our email and facebook posts and comments which indicate that Government has offered bankers to be covered by 6th / 7th Pay Commission salary structure. A few days back also such a news was in circulation which proved to be fake.
We tried to check some news items which are in circulation these days and found two of these links to be true but others to be fake. Thus, whenever such a message is received by Aam Banker, he / she rushes to know the truth. Finding no way out, a number of them approach us and circulate to others to know the authenticity of the news .
This time also we have received a number of queries and requests that we should throw more light and analyse these news items.
We too have little modes to confirm the same as the clips sent appears to be genuine but on further analysis we find some of the same to be FAKE.
Therefore, our advise to our readers is to be cautious and verify the news before you further circulate such news.
The following link we have found to be genuine :-
Whereas another link to news items was found to be fake
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The above link has direct links to newspaper websites indicte that the news is true, but it must be only at initial stage and under discussion at GoI and they must be weighing the pros and cons of such an offer, and the timing when it should be made, if at all the same has to be made. Nobody in authority is ready to confirm the status of the news. We give below some excerpts from the news which will be useful for our readers:-
(a) IBA chairman, TM Bhasin, told HT that there was no proposal to bring bank employees under the purview of the pay commission. “IBA has no such consideration and no proposal has come to the IBA,”
(b) CH Venkatachalam, General Secretary, All India Bank Employees Association said. “There have been some reports of bringing the bank employees under the purview of the pay commission but we are completely opposed to such a move."
Now comign to our analysis, we would like to conclude the following from the above :
(a) TILL DATE UFBU HAS NOT DEMANDED THE EXTENSION OF 6TH / 7TH PAY COMMISSION TO BANKERS, THEIR DEMAND IS ONLY FOR 25% RAISE IN SALARY. ONLY SOME LOCAL LEADERS (TO CREATE CONFUSION AND PACIFY THEIR LOCAL CADRE) HAVE UPLOADED SUCH A DEMAND ON THEIR PERSONAL FACEBOOK / BLOGS. NO SUCH PROPOSALS ARE SEEN AT OFFICIAL WEBSITES OF SUCH ALL INDIA LEVEL UNIONS. UFBU LEADERS ARE AFRAID THAT ACCEPTING OF SUCH A DEMAND WILL MAKE THEM IRRELEVANT FOR FUTURE.
(b) CH Venkatachalam and his organisation is completely opposed to implementation of Pay Commission salary to bankers (as confirmed by him to HT);
At ABS, we are of the view that if such a move will come, it is likely to be sudden and suo motto from Prime Ministers office or Finance Minister Office, and may be directly addressed to the Bankers and not through UFBU, and can be linked to smooth implementation of bank reforms. Such a move will have lot of financial implications and thus can NOT be taken by IBA (TM Bhasin has confirmed that IBA does not have any such move for discussions as yet) till a go ahead is given by PM or Finance Minister. Once a decision is taken by GoI, IBA jump into the fray and may be asked to may one and one only offer, which UFBU will have no option to chose. Most likely this announcement, if agreed by PM, will be made at an appropriate time (like when these unions try to strike on issues other than wage revison) and can be targeted to make UFBU / bank unions irrelevant as they are proving to be impediment in the bank reforms. This is the reason that now UFBU and its constituents are nervous and speaking in different voices for the agitational programmes and strike dates. May be our predications that UFBU is likely to become irrelevant may come true soon.
Therefore, we need to wait for more time and watch the moves of GoI and UFBU