I have restrained myself in writing anything for last few weeks as I have read Union leaders openly saying the declaration of election model code will not have any impact on negotiation talks. A number of leaders have opened told their cadre that negotiations will progress without any problems even after declaration of elections. I was wondering that our calculations must be wrong, and I thought of waiting for the meeting of 14th March, 2014 to see what commitment in terms of wage increase is given by IBA in this round of talks. Finally now the cat is out of the bag and initial reports indicate as follows (The detailed circular is still awaited at the time of writing this article):- In todays meeting with IBA (14.03.2014), pension related issues and improvements in some of the other service conditions as per our charter of demands have been discussed. The response of the Management is positive. The next round of meeting will be held in the middle of April. I am sure the blood of most of the bankers must have boiled when they would have read the above two lines. Each passing day, they wait for a good news and wait for negotiations while holding their breath. Ultimately, a two liner is issued which does not show any progress in the negotiations. Thus, I feel once again UFBU and IBA have forced helpless bankers to drink khoon ka ghoont.
Posted on: Sat, 15 Mar 2014 12:55:03 +0000
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