BECAUSE OF THE ADAMENT AND RATHER NEGATIVE STAND OF THE INDIAN BANKS ASSOCIATION,EVIDENTLY DUE TO
THE UNWARRANTRD INTERVENTION OF THE UNION FINANCE MINISTER,THE TALKS HELD WITH
THE REPRESENTATIVES OF UNITED FORUM OF BANK UNIONS ON 27TH JANUARY HAS FAILED TO
REACH ANY AGREEMENT.
NOW THE UFBU HAS DECIDED TO GO FORWARD WITH THE TWO DAYS STRIKE ON FEBRUARY 10TH AND 11TH,2014.
THE BANK EMPLOYEES AND OFFICERS ARE DEMANDING A MINIMUM 30 PER CENT HIKE IN THE PAY AND THE IBA
HAS OFFERED ONLY 10 PER CENT,A CLEAR PROVACATION INDEED.THE ANNUAL PROFIT OF THE PUBLIC SECTOR
BANKS IS REPORTED TO BE RS.1,21,000 CRORE AND THE FINANCE MINISTER IS OPPOSING A REASONABLE WAGE
HIKE NOT BASED ON ANY FINCIAL CRUNCH BUT DUE THE STRONG OPPOSITION BY THE BANK UNIONS AGAINST
IMPLEMENTATION OF FURTHER DRASTIC NEO LIBERAL BANK REFORMS,INCLUDING PRIVATISATION OF PUBLIC
SECTOR BANKS.
THE BANK WORKERS HAD STRUCK WORK ON 18TH DECEMBER,2013 DEMANDING INCREASED WAGE OF 30-35 PER CENT
AND HAD DECIDED FOR A TWO DAYS STRIKE ON 20-21,JANUARY,2014.THIS WAS DEFERRED AFTER THE IBA OFFERED
A FRUITFUL CONCILIATION ON 27TH JANUARY WHICH HAS TURNED OUT TO BE A HOLLOW OF PROMISE.
AIBDPA STRONGLY CONDEMN THE NEGATIVE AND PROVOCATIVE STAND OF BOTH THE UNION GOVERNMENT AND IBA
AND AFFIRMS OUR FULL SOLIDARITY TO THE STRIKING BANK WORKERS.