United Forum of Bank Unions calls two-day strike from January 31 in Meghalaya

A Reporter

SHILLONG: You may well have to keep cash in handy in the ongoing school admissions else you will be in trouble if the two-day all India bank strike goes ahead as scheduled on January 31 and February 1. The strike was called by the United Forum of Bank Unions on Wednesday to pressurize the Central Government to fulfil their demands.

Though the union has called for a two-day strike, banks will remain closed for three consecutive days as January 31 falls on Friday while February 1 is a Saturday and February 2 is a Sunday.

The United Forum of Banks Union has placed their 12-point demand before the Indian Bank Association and the government – wage revision settlement at 20% hike on pay slip components with adequate loading thereof, 5-day banking, merger of special allowance with basic pay, scrapping new pension scheme (NPS), updation of pension, improvement in family pension and allocation to staff welfare fund based on operating profits.

The other demands are exemption from income tax on retiral benefits ceiling, uniform definition of business hours, lunch hours in branches, the introduction of leave bank, defined working hours for officers and equal pay for equal work for contract employees.

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