::::: MINISTRY OF FINANCE INITIATIVES 11TH BI-PARTITE PROCESS ::::: ::::: HAPPY PONGAL :::::

Wednesday, February 12, 2014

TWO DAYS’ ALL INDIA BANK STRIKE-A HISTORIC SUCCESS



CIRCULAR/GS/2014/04                                                                                       12th Feb 2014

TO ALL OFFICERS:

                              TWO DAYS’ ALL INDIA BANK STRIKE-A HISTORIC SUCCESS

We reproduce hereunder contents of circular issued by AIBOC for your information
                                                                                                                                QUOTE
          “Congratulations Friends – we are elated to note the unprecedented success of the ‘Two Days’ All India Bank ‘Strike’ on 10th and 11th February 2014 for which call was given by the UFBU.  We congratulate all the members all over the country for their enthusiastic participation in various programmes conducted in this regard at different centres and making the programmes a grand success. We are receiving reports from the organizers on the programmes / rallies held throughout the country and their total success.  It is also observed that the participation of the members was not mere enthusiastic presence but their overwhelming emotion depicting the frustration and anger for the denial of reasonable and rightful wage increase.

We once again reiterate that the intention of the UFBU is neither to cause inconvenience to the customers nor loss to the country’s economy.  The strike could have been avoided, but for the recalcitrant attitude of the IBA and Government combine in not coming forward with an improved offer paving the way for a respectable and reasonable wage revision.  We do appreciate the stress on the balance sheet and the constraints on the IBA but at the same time, what is being demanded is not unreasonable and difficult to consider.  The responsibility and the duty of the employees and officers towards ensuring growth in business, productivity and generating increased gross income have been fully discharged.  The fact is fully evidenced by double the growth in net profits of Banks despite appropriation of more than 60% of the income generated towards writing off and provision for NPAs. More so, the UFBU is not demanding the entire profit to be distributed amongst employees as wages but with the due share in order to ensure reasonable standard of living to Bank employees equivalent to the comparables and also to cope up with the uncontrolled spiralling cost of inflation, which is making the life of common man miserable.

The two days’ strike is only a warming up exercise which should send strong signals to Government / IBA that the Bank employees will not be silent spectators if the Government is adamant in its attitude in implementing the reforms and the IBA / Government combine ignore the just reasonable aspirations of the Bank employees.

The UFBU will meet shortly to chalk out future course of action and further programmes.

Friends – March ahead – continue to display the solidarity and strength – Be ready to implement with vigour any action programmes decided by UFBU.  Let us march ahead with determination to achieve the goal.
Comrades, we have taken cognizance of lot of messages/emails sent by our members and also the posts on the public domains.  It is not possible for us to respond to individuals communications expressing your anger against the apathy of the IBA, Government and in particular against the provocative statement given by Hon’ble Finance Minister on 10/02/2014. While we appreciate your sentiments behind asking the leadership to give a call of indefinite strike, lot of technical and practical problems are there before such a call is given and implemented. The decision will be taken by the leadership at appropriate time. Meanwhile, we call upon you to strengthen the movement by participation in rallies/demonstrations call of which is given by the organizations. Make the battles successful before going for WAR”
                                                                                                                            UNQUOTE
We shall inform you the developments in due course.
LONG LIVE OUR UNITY     WITH FRATERNAL GREETINGS
Yours Sincerely,



(A.R.Saifullah)
General Secretary                                                        OFFICERS’ UNITY—ZINDABAD
                                                                                A I B O C           --ZINDABAD
                                                                                A I C B O F        --ZINDABAD

LIFE ISN’T MEANT TO BE EASY. IT IS MEANT TO BE LIVED
SOMETIMES HAPPY.OTHERWISE ROUGH
BUT EVERY UP AND DOWN, YOU LEARN LESSONS THAT MAKES YOU STRONG

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