SEVENTH CPC HAS FINALLYARRIVED
The much awaited seventh pay
commission for the central government staff has finally been constituted, with
the approval made by the Prime Minister yesterday evening.
I was cautioning all my bank
friends about this possibility for the past 2 years, even though I never
anticipated that it will happen this soon (23 months ahead of its
schedule). The 7th CPC has
been given a time limit of 19 months to submit its report.
In this regard, I wish to remind
my bank friends of these facts.
1.As you all
know, the present wages of bank staff are lower than that of central government
staff by 40%, as per 6th CPC scales.
2.Going by
the present trend in 10th BPS negotiations, I do not nurture any
hopes that we will reach the 6th CPC scales, even after 10th
BPS is reached and given effect to.
3.Now, the
scales recommended by 7th CPC and accepted by Government of India
are going to be implemented with effect from 01-01-2016, as announced by the
central government yesterday.
4.In fact,
if the history of the past bipartite settlements is any indication, we may not
reach even 6th CPC scales, after 11th BPS that is due
from 01-11-2017.
5.Thus, even
on 01-11-2017, we will not get what central government staff have already been
getting from 01-01-2006 onwards. That is
to say that we will not reach the central government staff scales even after a
gap of 11 years and 10 months.
6.Besides, the
11th BPS will become a reality only in 2019, although it may be
effective from 01-11-2017.
Is this we wanted in this wage revision?
Please think.
Date: 05-02-2014
V Subramanian
Indefinite strke till all demands are met and salary at par with cent. govt.
ReplyDeleteI am with u
DeleteWhy not demand for cpc instead of dragging the matter in bipartite settlement straight to govt. Of India. With common bankers memorandum generated through writ petition instead of depending upon iba and unions for what we should be deserving. Just demand for cpc instead of hike in percentage increase and other...
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ReplyDeleteCentral Pay Commission is constituted once in 10 years. They get 150% to 200% increase in Basic Pay in 10 years, which works out to 15% to 20% per year - repeat per year. This is excluding retirement benefits.
ReplyDeleteBank wage settlement takes place once in 5 years, with the hike in Basic Pay ranging from 45% to 50%.
Thus, the average increase in Basic Pay per year is only 9% to 10% (excluding superannuation benefits), for bank staff.
If we compare only the pay slip components in totality, they rise only by 3% per year for bank staff, whereas for central government staff, it is 15% year - i.e. five fold increase as compared to ours (rise in pay slip components is obviously lower, because of the merger of a major portion of D.A. at the time of each wage revision).
Please check up whether union leaders are deliberately holding back or going slow on wage revision for personal gains. Otherwise why wait till 28-Oct-14 for a strike.
ReplyDelete