Banks get increased revenue from ATMs

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It is reported that the State Bank of India (SBI) has got Rs. 310.44 crores from ATM transactions in 2015-16, 47% more than last year. The case with other banks will not be different. The Banks are putting restrictions on the ATM free transactions and charging much higher than required for additional transactions. In view of the high revenue, the banks should give more free transactions to the customers.

Central Trade Unions oppose increase of FDI in strategic sectors like Defence, Civil Aviation etc.

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The Central Trade Unions, CITU, BMS etc. have expressed their strong protest against the increase of FDI in the strategic sectors like Defence. Civil Aviation etc. making them completely under the control of the MNCs. The decision has to be withdrawn in the interest of the nation.

6.53 crore Refugees – UN Report

According to a statement issued by the United Nations, there are about 65.3 million refugees in the world. This is an all time record. This means about one per cent of the people are refugees. The world population is approximately 734.9 crores. The maximum number of refugees are from Palestine followed by Syria and Afghanistan. This clearly shows that the reason for the refugees are mainly due to external and internal wars.

OROP gets delayed

The implementation of the One Rank One Pension (OROP) for retired defence personnel may be delayed further. The Committee formed with Justice (Retd) Narasimha Reddy as the Chairman to look in to the matter was to submit its report on 14 June 2016. But the government has extended its term for six months more, which means that they have time up to 14th December 2016. The delay could have been avoided, since large number of the defence retirees are eagerly waiting for the decision for years together.

The government has also not taken decision on the recommendations of the VII Central Pay Commission with regard to similar pension for the civilian employees.

On the one side the government calls for quick governance, but its own actions are delay in decision making.

PPF can withdraw after 5 years

The central government has decided to allow withdrawals/closure after 5 years from the Public Provident Fund (PPF). Earlier it was only after 7 years. The closure can be made for treatment or for children’s education.

The government has retained the interest for the current quarter at 8.1%. In the case of closure, the interest will be reduced by 1%.

Staff Side, National Council approaches Members of Parliament on Strike issues.

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Com. Shiv Gopal Mishra, Secretary, Staff Side, National Council has written to Members of Parliament to take up the issues of the CG employees with the government. Copy of the letter is given below:

National Council (Staff Side)
Joint Consultative Machinery for Central Government Employees
13-C, Ferozshah Road, New Delhi – 110001
E Mail : nc.jcm.np@gmail.com

Dated: June 17, 2016

NO.NC/JCM/2016

Respected Sir/Madam,

Sub: Non-settlement of genuine demands of the Central Government Employees

More than 32 lakh Central Government Employees working in various ministries of the Government of India. including Railways, Postal, Defence (Ordinance Factory and other Civilian Employees), Central Secretariat, Income Tax, Audit & Accounts and other employees of the government departments are aggrieved since long on non-settlement of their various demands.

The report Of the Vll CPC has further made them aggrieved because of the retrograde recommendations, including non-scientific calculation of Minimum Wage and Fitment Formula. The issue of National Pension Scheme(NPS) had been very heartburning for more than 1.1 million young Central Government Employees who have been deprived from the Defined Pension/Family Pension and we are agitating this issue with the Central Government since its inception.

Under the above compelled circumstances, the National Joint Council of Action has taken a decision to go on “‘Indefinite Strike” from 06:00 a.m. on 11th July. 2016

The Central Government Employees of this country have always stood for the development and good governance of the country. but do feel de-motivated because of the inaction on their pending demands. we do have written to Hon’ble Prime Minister of India vide letter No.NC/JCW2016/CS/PM dated 14.06.2016 (copy enclosed for ready reference) the request that. the government should immediately come forward for negotiated settlement with the NC/JCM on the demands of the Central Government Employees to avoid unnecessary confrontation.
We earnestly hope that. you will kindly lay your hands and support us in our struggle as well as put pressure on the Government of India far resolution of our genuine demands at an earliest

Yours faithfully,

(Shiva Gopal Mishra)
Secretary, Staff Side
National Council(JCM)

78.2% IDA Pension Fixation – Cabinet Note submitted

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Com.V.A.N.Namboodiri, Advisor, AIBDPA today went to Sanchar Bhawan and met top officers including Member (Finance) and enquired about the status of the Cabinet Note on 78.2% IDA Pension fixation for BSNL pre-2013 pensioners. Authentic information was received from the officers and the concerned Pension Section of the Estt. Branch that the Cabinet Note has been submitted duly approved by the Secretary DOT on 17th June 2016.

100% FDI in Defence, FDI increase in all sectors – Protest by Opposition Parties

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It is a ‘monsoon’of FDI announced by the Government of India. Against all earlier guidelines, 100% FDI has been announced in the strategic defence sector.This will give free hand to the private defence companies to take over the Indian defence production.

The FDI in Civil Aviation, Single Brand Retail, Pharma and certain other sectors have been increased including up to 100%.

India has now become the playground for the MNCs, foreign banks and financial institutions. The national security concerns are ignored.

The opposition parties including Congress and Left parties have strongly opposed the new increase in FDI.

CEC Meeting of BSNLCCWF will be held at New Delhi on 6-7 August 2016

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Secretary General BSNLCCWF, Com. Animesh Mitra, has issued notice for CEC Meeting of BSNLCCWF to be held at Garhwal Bhawan, New Delhi on 6th and 7th August 2016. All CEC Members, including Circle secretaries, are requested to book their tickets immediately, if not already booked.
The notice is fully published in the BSNLCCWF website.

Kerala LDF Government to revitalise the PSUs

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The people of Kerala have the experience that during the LDF government, the PSUs will improve and become profitable, while during the UDF rule they will become ineffective and loss making. During the last UDF rule, out of the total 46 PSUs, only 10 were profitable. When the last LDF left 18 PSUs were profitable.

Now the Kerala Government has stated that it will make all out efforts to strengthen the PSUs. The work has already started. There is no doubt that many of the PSUs will be improved and made financially viable during the present regime.