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The conciliation meeting on 19th February called by the Chief Labour Commissioner Shri P.P.Mitra,between the Bank management and the United Forum of bank Unions (UFBU) failed since the Management was not prepared to accept the demand raised by the unions. The conciliation talks are being held to find a settlement on the Strike notice issued by the unions, which is to start from 25th February.
It is reported that another meeting will be held on 23rd by the CLC to come to an agreement.
VAN Namboodiri's Blog 
6000 employees of iti ltd are not paid salary for the past five months.The same thing may happen to bsnl also if bsnl start making losses.tHE PSUS ARE MAKING LOSSES BECAUSE of govt, policy.it is not the fault of employees or management.govt should own the resposibility.