Bad Loans (NPA) of PSU Banks on increase, reached 2.36 lakh crore – who is responsible?

06 Thursday Mar 2014

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The bad loans or Non – Performing Assets (NPA) of the Public Sector Banks are increasing year after year. It has reached gigantic proportions. The latest report says that it has crossed Rs. 2.36 lakh crore. Almost all the top corporate houses are defaulters of hundreds of crore of rupees. No serious action is being taken by the Banks to recover the same since the defaulters are influential.
But what about the ordinary people who have taken loans from the same banks. All pressures and threats are put to them to pay up.
This is what happens in India – the difference in class makes all differences!

New Bank Licences

06 Thursday Mar 2014

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The Finance Minister’s insistence on licence for New Banks
The Finance Minister P.Chidambaram has stated that the declaration of election will not have any obstruction in granting licences to new banks. He wants that new banks be given licence.
In fact, there is no need for new banks, with so many banks in the country. Two, the new banks will be mainly from the corporate houses who want their own banks, so that they manipulate them. Of course, grant of bank licence to India Post, there is no objection since it is already functioning with P.O.Savings Bank.

General Elections Announced by Election Commission

05 Wednesday Mar 2014

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New Delhi: The Election Commission on Wednesday announced the schedule for Lok Sabha polls 2014. Polling will be held in nine phases from April 07 to May 12 and the counting of votes will be held on
May 16.

General Elections phase-wise schedule:
Phase 1: April 7 in two states
Phase 2: April 9 – five states
Phase 3: April 10 – 14 states
Phase 4: April 12 – three states
Phase 5: April 17 – 13 states
Phase 6: April 24 – 12 states
Phase 7: April 30 – nine states
Phase 8: May 7 – seven states
Phase 9: May 12 – 3 states.

State-wise schedule:
Andhra Pradesh (40 constituencies): April 30 (17 seats), May 7 (25)
Arunachal Pradesh (2): April 9
Assam (14): April 7 (5), April 12 (3), April 24 (6)
Bihar (40): April 10 (6), 17 (7), 24 (7), 30 (7), May 7 (7), 12 (6)
Chhattisgarh (11): April 10 (1), 17 (3), 24 (7)
Goa (2): April 7 (2)
Gujarat (26): April 30 (26)
Haryana (10): April 10 (10)
Himachal Pradesh (4): May 7 (4)
Jammu and Kashmir (6): April 10 (1), 17 (1), 24 (1), 30 (1), May 7 (2)
Jharkhand (14): April 10 (5), 17 (5), 24 (4)
Karnataka (28) – April17 (28)
Kerala (20): April 10 (20)
Madhya Pradesh (29): April 10 (9), 17 (10), 24 (10)
Maharashtra (48): April 10 (10), 17 (19), 24 (19)
Manipur (2): April 9 (1), 17 (1)
Meghalaya (2): April 9 (2)
Mizoram (1): April 9 (1)
Nagaland (1): April 9 (1)
Odisha (21): April 10 (10), 17 (11)
Punjab (13): April 30 (13)
Rajasthan (25): April 17 (20), 24 (5)
Sikkim (1): April 12 (1)
Tamil Nadu (39): April 24 (39)
Tripura (2): April 7 (1), 12 (1)
Uttar Pradesh (80): April 10 (10), 17 (11), 24 (12), 30 (14), May 7 (15), 12 (18)
Uttarakhand (5): May 7 (5)
West Bengal (42): April 17 (4), 24 (6), 30 (9), May 7 (6), 12 (17)

Union Territories
Andaman and Nicobar Islands (1): April 10 (1)
Chandigarh (1): April 10 (1)
Dadra and Nagar Haveli (1): April 30 (1)
Daman and Diu (1): April 30 (1)
Lakshadweep (1): April 10 (1)
Delhi (7): April 10 (7)
Puducherry (1): April 24 (1)

Assembly elections:
Andhra Pradesh including Telangana region: April 30, May 7
Odisha: April 10, 17
Sikkim: April 12

The schedule was announced by Chief Election Commissioner V S Sampath along with Election Commissioners H S Brahma and Dr Nasim Zaidi at a press conference held at Vigyan Bhavan in the national capital.
The elections would see more than 81.4 crore voters exercise their ballot; the number of voters is 10 crore more than the last general election held in 2009. The term of the current Lok Sabha expires on June 1 and the new House has to be constituted by May 31.
Sampath said that the EC had taken into consideration factors like examination schedules and weather conditions.
The EC said that electoral roll have already been updated till January 1, 2014 and final rolls have been published in all states.
However, the EC has offered one more opportunity to enroll in the electoral rolls. Camps would be set up on March 9 at all polling booths – around 9,30,000 – across the country to allow people to enroll themselves, the EC said.
The Model Code of Conduct for governments and political parties will come into force with immediate effect.
On the security measures being implemented by the EC, Sampath said, “To ensure free and fair elections we have taken particular care to ensure that people living in vulnerable areas and vulnerable voters are in continuous touch with the election machinery to ensure that they are able to vote uninterpreted by anyone.”
“Adequate number of observers in different categories will be deployed during the forthcoming elections,” he added.
On the neutrality of officials engaged in conduct of elections, Sampath said the EC expects them to discharge their duty without fear or favour.
“Strict action will be taken against officials who are found wanting in any aspect,” the CEC said.
With regards to the steps being taken to curb use of money power in the elections, he said, “The Election Commission has mounted a series of measures for monitoring expenditure; special emphasis is given to check flow of money during elections.”
“Besides expenditure observers, sufficient number of flying squads will be employed to check use of money power,” he added.
In response to a query by Zee Media, Election Commissioner HS Brahma said, “Appeal to all candidates,star candidates,they should not use any words which is against decorum & decency.”
An important feature of the polls would be the introduction of paper trail system for electronic voting in some constituencies on a trial basis.
Also, the EC has issued guidelines to political parties asking them to explain the rationale of financing the promises they make in their election manifestos. The guidelines that followed Supreme Court directions in this regard have now been made part of the Model Code.
Another first in the Lok Sabha elections will be the introduction of “None of the Above” (NOTA) option in voting, which came into vogue in the assembly elections a few months ago.
From the coming elections, candidates in a parliamentary constituency in bigger states can spend up to Rs 70 lakh on their campaign, up from Rs 40 lakh in 2011. In the 2009 elections, it was Rs 25 lakh.(PTI)

AIBDPA Formation Conference at Ludhiana, Punjab

05 Wednesday Mar 2014

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The BSNL-DOT Pensioners in Punjab Circle will be meeting at Ludhiana, tomorrow, 6th March 2014, to form the AIBDPA Circle Branch of Punjab.
Coms. R.L.Moudgil, President and Balbir Singh Circle Secretary, BSNLEU have taken the initiative for the same.
Coms. V.A.N.Namboodiri, Advisor and K.G.Jayaraj, General Secretary AIBDPA will be attending the Conference.

CGHS CASHLESS MEDICAL SCHEME STOPPED.

05 Wednesday Mar 2014

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IT IS A BIG BLOW TO THE 50 LAKH SERVING CENTRAL GOVT.
EMPLOYEES AND 30 LAKH PENSIONERS. THE CENTRAL GOVT.HEALTH SERVICES HAS ANNOUNCED WITHDRAWAL OF CASHLESS MEDICAL FACILITIES IN EMPANELLED PRIVATE HOSPITALS FROM MARCH 7,2014.
WHEN THE ELIGIBLE FAMILY MEMBERS ARE ADDED,THE NUMBER
OF AFFECTED PERSONS COULD WELL BE OVER TWO CRORE.
THE DECISION IS IN THE WAKE OF REFUSAL OF THE PRIVATE
EMPANELLED HOSPITALS FOR TREATMENT AS CGHS OWES RS.200
CROR TO THEM.
WE DEMAND THAT THE SCHEME BE RESTORED BY DISCUSSING AND SETTLING THE MATTER WITH THE EMPANELLED HOSPITALS.

Felicitation to Com. S.C.Bhattacharjee on Superannuation

05 Wednesday Mar 2014

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A meeting was held today, 5 March at Raipur to felicitate Com. S.C.Bhattacharjee, Circle secretary BSNLEU Chhattisgarh Circle and All India Treasurer of BSNLEU. He retired from service after 38 years on 31-01-2014.The Meeting was held at Vipra Bhawan attended by a large number of comrades from Raipur and other parts of the circle. Comrades from Telecom Factory Bhilai were also present.
The meeting was presided over by Com. M.K.Gupta, President Raipur SSA. Coms. V.A.N.Namboodiri, President BSNLEU, P.Abhimanyu, GS BSNLEU, Sanyal (CITU), Dharmaraj Mahapatra (CITU) M.K.Nandi (CPIM), Atma Poojya, Circle Secretary AIBDPA, and many leaders of the trade union organisations addressed and felicitated Com. Bhattacharjee. His dedicated service both in BSNL as well as in trade union field was much appreciated. The presence of large number of leaders of various organisations itself was a sign of the popularity and trade union activity of Com.Bhattacharjee. All speakers wished for his continuous service to BSNLEU and trade union front.
Com. Bhattacharjee in reply to the felicitation thanked all comrades. He also spoke briefly about his experience in trade union field. He donated Rs. 25,000 to the CHQ BSNLEU.
The Meeting and discussion will certainly be a boost to the BSNLEU movement in Chhattisgarh.

Homage to Com. N.P.Padmanabhan!

05 Wednesday Mar 2014

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Homage to Com. N.P.Padmanabhan, outstanding leader of P and T Workers.
5th March is the death anniversary of Comrade N.P.Padmanabhan, the revolutionary leader of the P andT Workers. He passed away on this day in 1994 at Kannur, Kerala.
Com.Pappettan, as was called fondly by Kerala Comrades, was the Convener of the mighty P and T Co-ordinating Committee of Kerala, which organised many victorious struggles. He functioned as the Secretary of NFPTE at New Delhi also. He was dismissed in connection with the 1968 strike and was kept out, while all others were reinstated.
The P and T House, Trivandrum became the centre of service trade unions in Kerala, with Com. Pappettan’s presence there. Hundreds of young workers became active workers and leaders of the P and T movement on his guidance and leadership.
On his death anniversary my revoulutionary homage to Com. Pappettan!
Red Salute to Com. N.P.Padmanabhan!

Forum addresses ED(Finance) on Superannuation benefits to Direct Recruitees

05 Wednesday Mar 2014

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Forum Writes to ED (Finance) on Superannuation Benefits to Direct Recruited Employees.
The Forum of BSNL Unions/ Associations has addressed the following letter on the Superannuation Benefits of the Directly Recruited Employees. It has also sought a meeting with the High Level Committee examining the issue

Meeting of Forum with CMD BSNL

05 Wednesday Mar 2014

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Meeting with CMD BSNL
The Forum representatives Com. V.A.N.Namboodiri, Convener and Prahlad Rai, GS AIBSNLEA met Shri R.K.Upadhyay, CMD BSNL today, 4 March 2014 and discussed the issues of Merger of BSNL and DOT, Formation of Tower Company and other connected matters.
The Forum representatives expressed their strong protest against the proposal of Meger of BSNL and MTNL without settling the HR, Disinvestment and assets/liabilities (of MTNL) issues. The question of merger can take place only after solutions are found out for the above issues. They also opposed the formation of a tower company.
CMD stated that no decision has been taken so far and the unions will be taken in to confidence before any decision is taken. He stated that maximum effort is being taken to make BSNL financially viable. He also mentioned that the view point of the unions are known to the management.
A copy of the letter addressed to Secretary DOT stating that BSNL workers will go on Immediate Indefinite Strike if any arbitrary decisions are taken in the above matters was handed over to CMD BSNL.

Forum Meeting with Secretary, DOT

04 Tuesday Mar 2014

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A delegation of the Forum of BSNL Unions/Associations met Shri M.F.Farooqui, Secretary, DOT and discussed about the BSNL-MTNL Merger and other issues connected with the viability of BSNL. Coms. V.A.N.Namboodiri, Convener, Forum, Prahlad Rai, GS AIBSNLEA, G.L.Jogi, President, SNEA and K.Sebastin, GS SNEA were present.The meeting was held after a letter was submitted by the Forum opposing Merger of BSNL, without resolving the major issues connected with the same.

The Forum leaders expressed their great concern with regard to the proposed merger of BSNL and MTNL and formation of a tower company . There are serious issues to be resolved before the question of merger is to be considered. The difference in the payscales of BSNL and MTNL employees, MTNL disinvested about 465% while BSNL is a full govt. owned company, the huge liabilities etc. of MTNL are some of them. Bifurcation of BSNL and formation of a tower company will adversely affect BSNL.
The Secretary, DOT assured the leaders that before any merger decision is taken the unions will be taken in to confidence. A meeting with unions will be held by BSNL. The concerns of the unions will be taken in to consideration before any decision is taken. He also stated that immediate action may not be there.

The representatives wanted that the Rs.1,250 crores from USOF in lieu of ADC be released at the earliest which is pending with NIC. They also wanted that the pension contribution be only on the actual basic pay, instead of the maximum of the pay scale. Secretary DOT assured that these will be taken up with the concerned authorities.

The Secretary DOT stated that before taking any decision, the unions will be heard. The Secretary DOT expressed his concern about the BSNL services and wanted that it should improve much to the satisfaction of the subscribers. The union representatives shared the opinion and stated about the effort the Forum is making for a better service and efficiency.

The Secretary DOT patiently heard the unions and was very sympathetic with the issues raised by the unions.