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MOVEMENT FOR IMPLEMENTATION OF VITH PAY

COMMISSION RECOMMENATIONS IN !AN"S
Address: No.1
B.J. MISHRA
SOS# Call $o %ave ban&% Adjacent to Kashi Ram -
and lac% o' !an& employee% Memorial School
( $)ei* 'amily membe*% Near Gana Saar Hos!ital"
#a$rohi Road" #a$rohi
" . %&c$no'. (() *1)" +.,.
Mo-ile: .(/0/
1.11)
. 2mail: -jmishra((3mail.com
Address No.(:

1/4//(" Indiranaar
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Re4 TR5TH !EHIN M5CH HYPE !AN" EMPLOYEES
6
$)
!IPARTITE SETTLEMENT FOR 3A-E REVISION
Viola$ion o' A*$icle 78 o' Con%$i$0$ion o' India
emand o' implemen$a$ion o' VI$) Pay Commi%%ion
Recommenda$ion% in ban&%
It is -ein !&-liciAed that -an$ em!loCees ot a ?erC ood 'ae hi$e -&t the
5ollo'in 5acts s!ea$ ad?erselC:
Compa*a$ive %ala*y 'o* Ap*il. 9:7: payable $o ;ov$1 employee% a% pe* VI$) Pay
Commi%%ion and $o ban& employee% a% p*opo%ed 0nde* 6
$)
!ipa*$i$e Se$$lemen$
be$+een !an& 5nion% and I!A
<Amt. in Rs.=
Heads Gro&! A
B55icers
Go?t. o5
India
<Rs.=
Ban$
B55icers
<Rs.=
8ler$ Go?t.
o5 India
<Rs.=
8ler$
Go?t.4!&-lic
sector -an$
<Rs.=
Gro&! 6
em!loCee
Go?t. o5
India
<Rs.=
S&--sta55 in
a
o?t.4!&-lic
sector
-an$
<Rs.=
Basic ,aC 10)** 170** 1/>* )(** 00/* 00**
Grade ,aC 07** Nil (1** nil 11** Nil
S!ecial
,aC
nil Nil nil 1*** /0*
6earness
Allo'ance
>/0*
</0E=
0/(.
</).>0E=
/.1*
</0E=
()7)
</).>0E=
(0))
</0E=
(10*
</).>0E=
H.R.A. )/**
</*E=
1(//
<1.0E=
//01
</*E=
>(*
<1*E=
(1..
</*E=
010
<1*E=
8.8.A. Nil 7/0 </E
Ma9.07*=
Nil (11 <7E
ma9./>0=
Nil (/7 <7E o5
B.,.
Ma9.(>*=
2d&cation
Allo'ance
<Rs.1***4F
!er child
ma9 5or (
children=
(*** Nil (*** Nil (*** nil
#rans!ort
Allo'ance
7/(*
</(**;/0E
Nil (1)*
<1)**;/0E
((0 11*
<)**;/0E
((0
Page 2 of 8
6A = 6A= 6A=
Gross
MonthlC
salarC
7*.>* (17.> ((0.1 11*>. 17.*0 .*77
<#he a-o?e data are indicati?e=
It is e?ident 5rom the a-o?ementioned chart that bank employees are getting
almost half of salaries being paid to their o!nterparts in go"t# dept. It is also not
o&t o5 !lace to mention that manC !&-lic sector &nderta$in are e?en !aCin more to
their em!loCees than o?t. em!loCees. It is more painf!l employees that a bank
offier is being paid less than a lerk of go"t# and a lerk of bank is being paid
less than a gro!p $ %peon& employee of entral go"t# 'hat to talk of a s!b(staff
%)
th
lass& in banks#
(. It is !ertinent to note that a committee 5or GstandardiAation o5 ,aC Scales"
allo'ances and !erH&isites o5 o55icers in the nationaliAed -an$sI $no'n as PILLAI
COMMITTEE +a% con%$i$0$ed +)ic) 'i<ed $)e ini$ial %ala*y o' ban& o''ice*
R%1=::>? pe* men%em e@0ivalen$ $o ini$ial %ala*y o' ;*o0p A O''ice*% o' Cen$*al
-ov$. #he recommendations o5 this 8ommittee 'ere im!lemented '.e.5. *1.*>.1.>..
No' o?er a !eriod o5 three decades the salarC o5 a -an$ o55icer is red&ced to almost
hal5 o5 the salarC !aid to Gro&! A o55icers. #he ,illai 8ommittee 'as d&lC constit&ted -C
the o?t. and its recommendations acce!ted. #he o?t. is -o&nd to 5i9 initial salarC o5 a
-an$ o55icer eH&al to the initial salarC o5 Gro&! A o55icer in 8entral Go?t.

!ENEFITS -IVEN TO CENTRAL -OVT1 EMPLOYEES b0$ no$ available $o P5!LIC
SECTOR !AN" EMPLOYEES
8entral o?t. em!loCees <as !er DI
!aC commission=
Ban$ em!loCees
Basic !aC has -een 5i9ed a!!ro9
Bld B, ; 0*E 6A 9 1.1)
@hich is aro&nd (.>. times
A!!ro9. 71E <initiallC increase is 70E later it
decreased also=. #his 71E re?ision in -asic
!aC also incl&de merer o5 6A a-o&t /(E.
#h&s onlC .E e55ecti?e increase in -asic !aC.
Grade !aC considered as a !art o5
Basic ,aC and attract all allo'ance
No rade !aC
HRA (*E-/*E B55icers: ).0E to 1.0E
8ler$s: >.* to 1*E
No stanation < /E increase e?erC
Cear to all em!loCees on stanation=
Stanation <No Ann&al increment=.
#rans!ort Allo'ance
B55icer: /(** ;6A <!resentlC 7/(*=
Gro&! 8: 1)** ; 6A <!resentlC (1)*=
Gro&! 6: )** ; 6A: <!resentlC 11*=
#rans!ort allo'. @ill increase on
e?erC increase o5 6A 'hich is
!resentlC /0E
B55icer: 6i55erent -an$s i?e di55erent meaer
trans!ort allo'ance and that too is 5or o55icial
!&r!ose 'or$s
8ler$: ((0
S&--sta55: ((0
<NB 6A !aCa-le on trans!ort allo'ance=
2d&cational Allo'ance
Rs.1*** !er child !er month < Ma9.
5or ( children= 5rom the earlier 0*4F
!.m.
1* 5old increase in hostel s&-sidC to
Rs./***4F !.m.
No 2d&cation Allo'ance
,2NSIBN:
Go?t. !aCs the entire amo&nt
!ension scheme 5or -an$ em!loCees is a
contri-&torC scheme. 2?erC time a -i!artite
settlement ta$es !lace" a he5tC s&m is
earmar$ed 5rom the amo&nt o55ered to e9istin
sta55 5or !aCment o5 !ension to retired
em!loCees.
,ension is re?ised 'hene?er a ne'
!aC commission re!ort is
im!lemented
No re?ision o5 !ension. Bnce 5i9ed it 'ill
remain same 5or entire li5e
8ondition o5 // Cears o5 ser?ice to
et 5&ll !ension is a-olished
:&ll !ension is i?en onlC on com!letion o5 //
Cears o5 ser?ice.
Page 3 of 8
Additional !ension
Bn attainin the ae
1* Crs (*E addl.
.* Crs /*E addl.
.0 Crs 0*E addl.
1** Crs 1**E addl.
BnlC !ension once 5i9ed
Acc&m&lation o5 2arned %ea?e
:or /** daCs
(7* daCs
8om!assionate a!!ointment 5acilitC
a?aila-le
8om!assionate a!!ointment 5acilitC a-olished
In !&rs&ance o5 recommendations o5
DIth 8entral ,aC 8ommission" the
Go?t. o5 India a!!ro?ed merer o5
0*E 6A into Basic ,aC '.e.5.
*1.*7.(**7.
No s&ch -ene5it made a?aila-le
DIth 8entral ,aC 8ommission also
recommended 0*E merer o5 6A
into -asic !aC
No -ene5it !ro!osed
No !re condition im!osed on ,aC
8ommission to restrict its
recommendations 'ithin a certain
limit. ,aC 8ommission 5i9es !aC
scales scienti5icallC $ee!in in ?ie'
the cost o5 li?in" medical" ho&sin"
health" ed&cation etc.
IBA im!oses !recondition o5 additional load
!ercentae in ad?ance
Interest on ,ro?ident :&nd Rate o5 interest on 2,: o5 o?t. em!loCee is
1.0E 'hereas manC -an$s ha?e -een !aCin
m&ch less to their em!loCees 5or last 5e'
Cears.
Ave*a;e !an& employee )a% no$ been ;iven inc*ea%e even e@0al $o
Ed0ca$ion and T*an%po*$ Allo+ance ;iven by Cen$*al -ov$1 $o i$% employee%. 3)a$
$o $al& abo0$ -*ade Pay. HRA !a%ic Pay e$c.
Addi$ional Poin$%4
/. 5nion% a*e no$ %peci'ically manda$ed by e<i%$in; employee% $o ne;o$ia$e
%ala*y and en$e* in$o a !ipa*$i$e %e$$lemen$. +nions themsel?es a!!roach o?t4IBA
and enter into -i!artite.
7. It is said that -an$ em!loCees can not -e i?en -ene5it o5 DIth !aC 8ommission
recommendations as theC et 'ae settlement e?erC 5i?e Cear 'hereas !aC
commission recommendations are im!lemented once in 1* Cears. #his notion is
misconcei?ed. 8entral Go?t. em!loCees et mani5old increase in 1* Cears 'hat a -an$
em!loCee et in t'o -i !artite settlements. It is e?ident 5rom the 'ae di55erence as
sho'n in the chart a-o?e.
0. Retired em!loCees !rior to *1.11.(**> 'ere not the mem-ers o5 +nions 'hen .
th
Bi!artite Settlement -ecame d&e Cet theC areed to !aC them !ension 5rom the share o5
e9istin -an$ em!loCees 'itho&t anC mandate -C the e9istin em!loCees. IBA areein
to it is ?erC &n5ort&nate and s&ests that it is hel!in the &nions come 'hat maC.
Pen%ion paymen$ i% %olely ;ov$1 *e%pon%ibili$y1 Fo*cin; e<i%$in; employee% $o
%)a*e b0*den o' pen%ion i% immo*al. imp*ope*. 0nA0%$i'ied ( 0ne$)ical on $)e pa*$
o' a +el'a*e %$a$e1
). T)e pay %cale% %)o+n 'o* $)e o''ice*% incl0de 8 %$a;na$ion inc*emen$%
'hich 'ill -e i?en a5ter / Cears o5 ser?ice o?er a !eriod o5 1( Cears. #hese are not
a?aila-le to all o55icers. #his is j&st an eCe 'ash. Act&al !aC scales sho&ld -e made less
-C 7 staes 5rom the !aC scales !&-liciAed -C &nion leaders4IBA.
>. T)e nominal inc*ea%e %)o+n in medical aid i% al%o ann0al ( no$ mon$)ly
and mo*eove* i% *eimb0*%emen$ a;ain%$ medical e<pen%e%1
Page 4 of 8
1. C1C1A1 am$1 R%1B8:>? +)ic) +a% 'i<ed B yea*% bac& +ill con$in0e 'o*
ano$)e* B yea*% meanin; $)e*eby R%1B8:>? 'o* 7: yea*%1
.. !an& employee% )ave been ;iven abo0$ ave*a;e *evi%ion o' ba%ic pay $o
7187 $ime% that too a5ter merin a-o&t /(E o5 6A. Aainst this !a%ic Pay o' -ov$1
employee% )ave been *evi%ed $o app*o<1 9=6C1 +)ic) i% almo%$ do0ble o' +)a$
ban& employee +ill ;e$1
1*. It is more demoti?atin 5or o''ice*% $)a$ $)ey )ave been o''e*ed %ame
addi$ional load a% bein; ;iven $o cle*&>%0b-%$a'' +)e*ea% in ca%e o' ;ov$1
employee% VI $) Pay Commi%%ion *ecommended )i;)e* %ala*y $o o''ice*% and
acco*din;ly )i;)e* ;*ade pay +a% 'i<ed1
771 Pen%ion $o *e$i*ee% and ano$)e* op$ion $o e<i%$in; employee )a% been
;iven a$ $)e co%$ o' lac% o' %0c) employee% +)o )ave al*eady op$ed Pen%ion1 In
$)i% %e$$lemen$ $)ey a*e $)e bi;;e%$ lo%e*%1
1(. #ho&h the n&m-er o5 retired leaders !artici!atin in the neotiations has not
-een disclosed" Cet it is -elie?ed that manC retired leaders had -een neotiatin the
-i!artite settlement. Ho' co&ld a retired leader ta$e care o5 the interest o5 an e9istin
em!loCee. A retired leader is interested in his -ene5its. #hat is 'hC !ension has -een
areed to -e !aid Jto all retirees a5ter 1..0-.) 5rom the share o5 e9istin -an$
em!loCees. +nions are not sharin the details. It is learnt that an &nderstandin has
-een reached -et'een &nions and IBA4Go?t. to !aC !ension arrears to retired
em!loCees '.e.5. *1.11.(**>. In this 'aC it is estimated that a retired em!loCee 'o&ld
et a h&e amo&nt as !ension arrears and a?erae !ension a!!ro9.10***4F !.m.
'hereas e9istin em!loCee 'o&ld et onlC Rs.1/**-0*** a?erae increase <slihtlC
more at hiher scales -&t n&m-er o5 s&ch o55icers is ?erC lo'= and 5e' tho&sand o5
r&!ees as arrears. Since manC o5 the leaders ha?e -een retired a5ter 1..0-.) 'itho&t
o!tin !ension scheme and also that manC other !artici!atin in this -i!artite are oin
to -e retired soon" the &nion leaders manaed !ension 5rom the share o5 e9istin
em!loCees and the o?t.4IBA areed to their &nj&sti5ied demand1 'e *elome the
go"t# mo"e to pay pension to retired employees + another pension option to ,P-
optees b!t it sho!ld not be at the ost of e.isting employees# Go"t# sho!ld pay
them pension from its o*n so!res as is done in the ase of other go"t/p!bli
setor employees# It it is a great in/!stie to las of those employees *ho *ith
their fair foresightedness had already opted 0pension1 b!t being p!nished for
their *ise deision + for no fa!lt of them#
1/. +nion %eaders are -oastin that this is the historic achie?ement -eca&se -an$
em!loCees 'ere ne?er i?en s&ch an increase. In 5act &nion leaders are !attin
themsel?es. #he salarC )i&e ;iven $o ;ov$1 employee% *an;e% be$+een 8:C-D:C .
A;ain%$ +)ic) ban& employee% )ave been ;iven only 7=1BC1 O0$ o' $)i% 7=1BC
o''e*ed $o e<i%$in; employee%. a lion% %)a*e )a% been ea*ma*&ed 'o* payin;
pen%ion to retired em!loCees.
17. 5nion leade*% a*e boa%$in; $)a$ 9 addi$ional %$a;na$ion inc*emen$% +)ic)
a*e $o be ;iven a'$e* 6 ( 79 yea*% )ave been %ec0*ed a'$e* 76E=. I5 theC co&ld not
et anC im!ro?ement 5or last (/ Cears" theC sho&ld -e held res!onsi-le 5or it and o'n
entire -lame instead o5 !attin their -ac$ themsel?es. #heC are termin it as their
achie?ement 'hereas theC sho&ld $no' that VI$) Pay Commi%%ion )a% aboli%)ed $)e
%$a;na$ion inc*emen$% and )a% en%0*ed yea*ly )i&e o' FC eve*y yea* $o all
employee% on stanation. More o?er these increments are not to -e i?en to all
em!loCees -&t to onlC 5e' o5 them 'ho ha?e com!leted . K 1( Cears on ser?ice on
stanation. #o a ro&h estimate a-o&t )0E->0E em!loCee is on stanation and do not
et anC ann&al increment.
10. Ban$ em!loCees ha?e -een cheated -adlC in the name o5 !ension. #ho&sands
crore o5 r&!ees ha?e -een earmar$ed to'ards !ension K no calc&lation4data are
!ro?ided. It maC -e noted that ManC o5 the -an$ em!loCees o!ted !ension in the ?erC
-einnin i.e. 1../-.7 'hen the scheme 'as 5irst introd&ced. %ater 'hen an o!tion
'as i?en to 8,: em!loCees to o!t !ension" a lot o5 em!loCees o!ted !ension scheme.
,ension scheme is also a?aila-le to ne' recr&itees 5rom 1..0. #h&s Most o5 the
em!loCees are co?ered &nder !ension scheme. #o !aC !ension to remainin
em!loCees o?t. is reco?erin a h&e amo&nt as 5ollo's:
Page 5 of 8
a= Ban$Ls contri-&tion to'ards 8.,.:. 5rom s&ch ne' o!tees"
-= o55erin almost 0*E salarC to e9istin em!loCees
c= not re?isin allo'ances
d= 'ithholdin major share o5 arrears !aCa-le '.e.5. *1.11.(**>
e= o?t. 'o&ld -e sa?in 5&rther contri-&tion to'ards ,: o5 s&ch ne' !ension o!tees
<s'itchin 5rom 8,:= 'hich other 'ise 'as !aCa-le to them had theC -een &nder 8,:
scheme.
5= 8,: !l&s /*E additional <as learnt= 5rom alreadC retired em!loCees 'ho a?ail the
o!!ort&nitC
#h&s in the name o5 !ension o?t. is collectin tho&sands crores o5 r&!ees 5rom !oor
-an$ em!loCees4retirees. #his s!ea$s a lot a-o&t the cond&ct o5 -an$ leaders and
e9!loitation o5 -an$ em!loCees in the hands o5 sinatories. Kee!in in ?ie' the li5e
e9!ectancC in India" e9!endit&re on a4c o5 !aCin !ension 5or remainin lenth o5 !eriod
to alreadC 10 Cears -ac$ retired em!loCees is not oin to -e ?erC h&e in com!arison
to amo&nt collected -C o?t. in the name o5 !ension4!ension 5&nd. @hile rea55irmin o&r
contention that !ension !aCment is entirelC the res!onsi-ilitC o5 a 'el5are state" 'e also
demand !&-lication o5 the !ension load statistics in this reard.

1). +nions ne?er demanded !aritC 'ith DI ,aC 8ommission. #o maintain their
s&!remacC K middlemen-shi! K 5or 5ollo'in reasons -esides others" theC do not 'ant
-an$ em!loCees to -e co?ered -C 8entral ,aC 8ommission 'hereas a -an$ em!loCee
'ants to -e co?ered -C !aC commission:
i= In the name o5 'ae re?ision theC !&sh lacs o5 -an$ em!loCees to
&n'arranted !oliticallC moti?ated stri$es4-andhs.
ii= Bn concl&sion o5 a Bi!artite settlement the &nions and Associations
collect ro&hlC a!!ro9. Rs.(***4F to Rs./***4F <this time it co&ld -e
Rs.0***-1****4F= !er em!loCee as le?C K i?en a strenth o5 a-o&t 1*
lacs o5 em!loCees the amo&nt is a-o&t Rs.(** - Rs./** crores. #hatLs
'hC theC enter into -i !artite settlement t'ice o?er a !eriod o5 1* Cears
and achie?e m&ch less than 'hat ,aC 8ommission o55ers to 8entral Go?t.
em!loCees. #h&s theC are mil$in the Bi-!artite settlement 5or Rs.7**4F
-Rs.)**.* crores o?er a !eriod o5 1* Cears. #his is in addition to 'hat
&nions collect -C 'aC o5 monthlC s&-scri!tion4mem-ershi! 5ee 'hich to a
ro&h estimate comes to a!!ro9. Rs./)* crores <)*4F !.m. 9 1* lac 9 1(
months 9 0 Cears= o?er a term o5 -i!artite i.e. 0 Cears. It is -&t nat&ral an
endea?o&r to o!!ose the !aC commission. %et the corr&!tion increase"
the o?t. is ha!!C ?irt&allC -C i?in no increase. Shame on the o?t. o5 a
'el5are state and the -iest democracC o5 the lo-e. @hen com!ared
'ith the !aC !ac$ae o5 international -an$s" the Indian -an$s !aC least to
their em!loCees.
7=1 Le;al In'i*mi$ie%4
Prima faie this 2
th
3ipartite 4ettlement s!ffers from follo*ing
legal infirmities5 hene a n!llity in the eyes of la*6
iG +nions4Associations are not mandated -C their mem-ers. Hence a settlement
entered into -C them is not -indin on mem-ers.
iiG B55icers Associations are not reconiAed &nder la-o&r la' hence not leallC
com!etent to enter into a -i!artite settlement.
iiiG Retired 2m!loCee are not the mem-ers o5 +nions. +nions do not
re!resent retired em!loCees.
ivG #ho&h the in5ormation has not -een s&!!lied Cet it is -elie?ed that manC
retired leaders 'ere in neotiatin team.
vG #here is no s!eci5ic mandate -C e9istin em!loCees to !aC !ension and
!ension arrears 5rom their share.
viG As !er MinistrC o5 :inance <MB:= IBA is a ?ol&ntarC oraniAation" hence it
8annot enter into a -i!artite settlement on -ehal5 o5 the o?t. and -ind the
o?t.
Page 6 of 8
?i. ,illai 8ommittee Re!ort is still in 5orce as not 'ithdra'n4cancelled4re!ealed
-C the o?t. Hence a Bi!artite Settlement 5or o55icers cannot attain o?erridin
e55ect on ,illai 8ommittee.
viiG #he settlement is in ross ?iolation o5 Article 17 K Article 1) o5
8onstit&tion o5 India. Article 17 o5 the 8onstit&tion enjoins the State not to
denC anC !erson eH&alitC -e5ore the la' or the eH&al !rotection o5 the la's
and Article 1) declares that there shall -e eH&alitC o5 o!!ort&nitC 5or all
citiAens in matters &nder the State. :ollo'in a di55erent set o5 r&les in !aCin
salarC4!ension4other -ene5its to -an$ em!loCees is in ross ?iolation o5 the
s!irit o5 the constit&tional !ro?isions.
viiiG G2H&al !aC 5or eH&al 'or$ 5or -oth men and 'omenI has -een acce!ted
as a Gconstit&tional oalI ca!a-le o5 -ein achie?ed thro&h constit&tional
remedies. In Randhir Sinh Ds. +nion o5 India 8hinna!!a ReddC" J. said :
<See !.)(( !ara 1: S8R !./*7=I
i<G It has -een carried o&t in a non trans!arent manner. In5ormation so&ht on
Bi!artite neotiations4de?elo!ments4others denied to -e s&!!lied -C MB:.
<G Lac% o' ban& employee% +)o )ave al*eady op$ed pen%ion 'eel
c)ea$ed1 Pen%ion $o old employee% and ano$)e* op$ion o' pen%ion $o
e<i%$in; CPF op$ee% i% bein; ;iven a$ $)e co%$ o' %0c) employee% +)o
a*e al*eady pen%ion op$ee%1
7E1 INFORMATION SO5-HT 5NER RTI Ac$. 9::B
255orts ha?e -een made to o-tain in5ormation reardin Bi!artite Settlement"
,illai 8ommittee ,aC 8ommission recommendations and im!lementation etc. 5rom
MinistrC o5 :inance 5or last 0 months -&t theC denied to s&!!lC the in5ormation on one or
the other !rete9t. I$ i% %$*an;e $)a$ on one occa%ion MOF +)ile enclo%in; RTI
applica$ion o' applican$ *e@0e%$ed I!A vide $)ei* le$$e* d$1 7B1:919:7: $o '0*ni%)
$)ei* HI!AG commen$% on eac) poin$ *ai%ed in $)e applica$ion alon; +i$) copie% o'
$)e ma$e*ial a%&ed 'o* b0$ all o' a %0dden denied $o %0pply $)e in'o*ma$ion vide
$)ei* le$$e* d$1 :91:F19:7:1 Main$ainin; %0c) a )i;) de;*ee o' %ec*ecy abo0$
!ipa*$i$e Se$$lemen$ a$ $)e co%$ o' $)e p*ovi%ion% o' RTI Ac$. 9::B i% beyond a
*ea%onable 0nde*%$andin;1

In re!lC to in5ormation so&ht" MB: has stated that IBA is not a !&-lic a&thoritC.
It is ?erC strane that IBA 'hich iss&es instr&ctions4&idelines to -an$s K it is mandatorC
on -an$s !art to 5ollo' them" the IBA 'hich is a lin$ -et'een -an$s and o?t.4RBI"
'hich r&ns 'ith the 5&nds made a?aila-le -C !&-lic sector -an$s and doin manC other
!&-lic nat&re 'or$ is not a !&-lic a&thoritC. It i?es reasona-le a!!rehension that to
c&r- trans!arencC IBA is not treated as a !&-lic a&thoritC. Instead o5 lamentin that IBA
is not a !&-lic a&thoritC" MOF %)o0ld decla*e I!A a% a p0blic a0$)o*i$y a% done by
%po*$% mini%$*y in decla*in; all Na$ional Spo*$% Fede*a$ion *eceivin; ;*an$ o'
R%17:1:: lac o* mo*e a% p0blic a0$)o*i$y 0>% 9H)G o' $)e RTI Ac$. 9::B.I HTOI
F71:F19:7: Pa;e 6. L0c&no+ Edi$ionG
1.. Ban$s are 5indin it ?erC di55ic&lt to recr&it ne' sta55 @hile ad?ertisin ne'
!osts4?acancies -an$ do not !&-licise salarC4!ension4Rate o5 Intt. on ,:4other 5acilities.
Beca&se o5 ?erC lo' salarC and hard 'or$in conditions" manC candidates 'ho a!!lC 5or
a -an$ jo- on comin to $no' a-o&t salarC str&ct&re either do not a!!ear in the test or
not join a5ter -ein selected or lea?e a5ter joinin. #h&s in e?erC recr&itment !rocess
-an$s are collectin lacs o5 r&!ees 5rom &nem!loCed Co&th.
(*. #he a-o?ementioned 5acts can -e ?eri5ied 5rom MB:4!&-lic sector -an$s4IBA.
#he all-an$insol&tions.com K other 'e-sites maC also -e re5erred in this connection.
(1. #his comm&nication is aimed at -eninlC s&-mittin the tr&th -ehind this .
th
Bi!artite Settlement entered into -et'een -an$ &nions4IBA. A little enH&irC4in?estiation4
s&r?eC amon eneral -an$ em!loCees <not -an$ leaders=" st&dC o5 ,illai 8ommittee
Re!ort" DIth ,aC 8ommission recommendations K ser?ice conditions o5 -an$
em!loCees 'o&ld re?eal the enormitC o5 inj&stice -ein done to -an$ em!loCees.
2?erCone 'ith the ca&se sho&ld hel! in -rinin the real !ict&re to the notice o5 to!
o?ernment a&thorities4c&stodians o5 la' and eneral !&-lic.
((. It is not o&t o5 !lace to mention that the -ene5its o5 DIth ,aC 8ommission ha?e
-een e9tended to ?ario&s !&-lic sector oraniAations" state o?t. em!loCees K others.
It has -een e?en e9tended to those o?t. de!ts. which depend on budgetary support
Page 7 of 8
but bank employees are being denied these benefits despite banks earning huge
profits. Needless to mention that -an$ o55icers 'or$ 5or almost .-1* ho&rs dailC" on
S&ndaCs and holidaCs 'ith no additional com!ensation. It maC also -e mentioned that
VI$) Pay Commi%%ion Recommenda$ion% +e*e implemen$ed a$ a $ime +)en o0*
economy +a% *eelin; 0nde* ;*ea$ *ece%%iona*y p*e%%0*e ( d0*in; $)a$ $ime
c*o*e% o' *0pee% +e*e alloca$ed by $)e ;ove*nmen$ $o+a*d% implemen$in; pay
commi%%ion *ecommenda$ion%1
9F1 !an& employee% %)o0ld no$ be le'$ $o $)e me*cy o' 0nion leade*%>I!A1 In a
+el'a*e %$a$e i$ i% $)e p*ime d0$y o' $)e -ov$1 $o en%0*e $)a$ +el'a*e o' all ci$i,en%
i% done in a 'ai*. $*an%pa*en$ ( A0%$i'ied manne*1
(7 @e reH&est Co& to !lease loo$ into the !liht o5 -an$ em!loCees and hel! them
in sec&rin j&stice K achie?in !aritC 'ith their co&nter !arts in o?t.4other !&-lic sector
oraniAations 'here DIth ,aC 8ommission Recommendations ha?e -een im!lemented.
@hile considerin the en&ine leitimate e9!ectations o5 -an$ em!loCees !lease do
ta$e coniAance o5 the contri-&tion o5 -an$s and their em!loCees 'ho -&rnt midniht
oil to $ee! the e55ects o5 lo-al recession on o&r economC to -are minim&m K !&lled it
-ac$ 5rom that dar$ !hase s&ccess5&llC. It is the -an$ em!loCee 'or$ed ro&nd oL cloc$
in im!lementin the 6e-t Relie5 K 6e-t @ai?er Scheme 5or 5armers and ma$in it a
reat s&ccess -esides standin 5irm -ehind e?erC decision o5 o?t. -e it MANR2GA"
:inancial incl&sion or anC other. @e sho&ld not 5oret that a demoti?ated 5orce canLt 'in
a -attle.
(0. In ?ie' o5 the 5oreoin 'e ?erC h&m-lC reH&est Co& to !lease
e9amine4in?estiate the .
th
Bi!artite Settlement j&dicio&slC in liht o5 &nionsL $eenness
to neotiate4sin the settlement 'itho&t s!eci5ic mandate" -lo'in their o'n tr&m!et
des!ite lacs o5 mem-ers o!!osin the settlement" K de5endin the settlement so
ardentlC as i5 theC are the s!o$es!erson o5 IBA. #heir cond&ct s!ea$s a lot and
ans'ers so manC &nans'ered H&estions 'hich co&ld cro! &! in oneLs mind that G@hC
+nions ha?e s&rrendered -e5ore IBA and sold the interest o5 lacs o5 -an$ em!loCees
and their 5amilC mem-ersI. @ho $no's there miht -e 'aitin a di55erent storC to hit the
head lines. Mo& are reH&est to !lease !lace the correct !ict&re -e5ore to! o?ernment
a&thorities" c&stodians o5 la' and eneral !&-lic and hel! the !oor -an$
o55icers4em!loCees in their j&st and en&ine ca&se. #he -an$ em!loCees sho&ld also -e
co?ered &nder !aC commission K recommendations <incl&din that o5 !ension as
a!!lica-le 5or o?t. em!loCees= DIth ,aC 8ommission -e also im!lemented in -an$s.
Ban$ em!loCee is readC to ha?e a !aC commission in 1* Cears instead o5 a -i!artite
settlement in 0 Cear. . 3e may al%o d*a+ yo0* &ind a$$en$ion $)a$ %ala*ie% o' ban&
o''ice*% +e*e 'i<ed in pa*i$y +i$) -*o0p A O''ice*% o' Cen$*al -ov$1 a% pe*
*ecommenda$ion% Himplemen$ed +1e1'1 :71:=176=6G made by Pillai Commi$$ee -&t
des!ite these recommendations -ein in 5orce IBA4o?t. is entertainin -an$ o55icers
association to ha?e a neotiated settlement 'ho a!!roached s&o-mot& 'itho&t ha?in a
mandate o5 -an$ o55icer.

(). @e shall -e o-lied 5or an &rent action in the matter as &nion leaders and IBA
are re!orted to -e sinin this .
th
Bi!artite Settlement on 10.*7.(*1*.
#han$in Co&"
@ith reards
Mo&rs 5aith5&llC"
<B.J. Mishra=
8on?enor
2ncl.: R#I corres!ondence
Page 8 of 8