Wednesday, September 18, 2019

Bank Bipartite : Unions reject 12% increase offer

Bank trade unions on Tuesday said the improved offer of a 12 per cent increase in the pay slip cost by bank managements is unacceptable to them. The earlier offer was at 10 per cent.
“The nine trade unions, under the aegis of the United Forum of Bank Unions, welcomed this improvement, but informed that this offer is not acceptable, as the offer has to be at least more than 15 per cent, which was settled under the 10th settlement from 2012 to 2017,” said CH Venkatachalam, General Secretary, All India Bank Employees Association.

Friday, September 13, 2019

West Bengal Pay Commission report submitted

West Bengal Pay Commission report submitted. Likely to be implemented from 01.01.2020.
Details awaited.

Tuesday, September 3, 2019

Cabinet may approve hike in central D.A. tomorrow

As per sources, Central employees and pensioners will have reason to cheer tomorrow. Cabinet likely to take up the issued of Dearness Allowance hike tomorrow. 
After the cabinet nod  central employee and pensioners will get D.A/D.R. at enhanced rate, up by 5% with effect from 1st July 2019.
So wait for cabinet meeting and the possible announcement thereafter.

Monday, September 2, 2019

Consumer Price Index for Industrial Workers (CPI-IW) — July, 2019

The (AICPIN) All-India CPI-IW for July, 2019 increased by 3 points and pegged at 319 (three hundred and nineteen).

Thursday, August 22, 2019

Bank Bipartite : Next meeting on 29th August, Unions to demand 20% hike

The United Forum of Bank Unions (UBFA) has said it will seek a 20 per cent pay hike when talks resume with the Indian Banks’ Association (IBA) on August 29 to seal the 11th bipartite wage settlement.
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