ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » Personal Finance News

7th Pay Commission latest news: Employees of this sector to stage protest in New Delhi

7th Pay Commission latest news: Agitating bankers are demanding to re-introduce previous pension rules as the new one in 7th Pay Commission is not good enough. They also demand merger of Vijaya Bank, Dena Bank and Bank of Baroda

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
7th Pay Commission latest news: Employees of this sector to stage protest in New Delhi
Bank employees and officers are unhappy with new pension proposals being made in 7th Pay Commission. Photo source: PTI

7th Pay Commission latest news: Protesting over the pension proposals being made in the 7th Pay Commission, bank officers and employees of various public sector banks have decided to protest at Jantar Mantar in New Delhi on February 4. They will be protesting under the banner of All India Bank Officers Confederation (IBOC) and the protest has mustered support of major government institutions and trade unions, which speaks volume about the seriousness of the protest. The bank officers are demanding from the central government to incept previous pension scheme as the new scheme proposed in 7th Pay Commission is not good enough as the previous provision was.

Speaking on the matter Ravindra Gupta, President, IBOC — Delhi chapter said that the bank officers and employees have been demanding for long from the central government to merge Vijaya Bank, Dena Bank and Bank of Baroda and incept old pension scheme on various platforms at Pan India level. But, their voice went unnoticed that forced them to come to Delhi and raise their demand with louder note. He said that various government institutions and trade union have extended their support to the IBOC protest at Jantan Mantar. Gupta warned the central government that if their voice is not heard and addressed properly, they won't sit idle and up the ante further.

See Zee Business video below:

Finance Minister has tried to help the farmer and middle-class of India through this budget: Deepak Parekh, HDFC https://t.co/RmDAbri740

— Zee Business (@ZeeBusiness) February 4, 2019

Here are the list of demands that IBOC has put forward to the government:

1] Merger of Vijaya Bank, Dena Bank and Bank of Baroda and scrap merger of Regional Rural Banks;

2] Stop new pension scheme and incept the older one;

3] In line with other central government, five day working in banks;

4] Amendment in pension and family pension schemes;

5] Names of corporate with long dues loans should be made public;

6] Fill the vacant positions in public sector banks via strong and aggressive recruitment drive; and 

7] Priortising the compass net grant recruitment.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
7th Pay commission
Written By: Asit Manohar
Updated: Tue, Feb 05, 2019
12:02 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
DA Hike: How much extra central govt employees will get after 3% hike in dearness allowance – check calculation here! DA Hike: How much extra central govt employees will get after 3% hike in dearness allowance – check calculation here!
DA hike latest news today: Centre likely to raise dearness allowance by THIS much | 7th Pay Commission, salary hike DA hike latest news today: Centre likely to raise dearness allowance by THIS much | 7th Pay Commission, salary hike
DA Hike: 7th Pay Commission Latest News: Announcement likely to be soon - new updates here DA Hike: 7th Pay Commission Latest News: Announcement likely to be soon - new updates here
Salary hike for teachers of THIS state: UGC pay scales to be implemented October 1 | 7th Pay Commission Salary hike for teachers of THIS state: UGC pay scales to be implemented October 1 | 7th Pay Commission
7th Pay Commission Central government employees latest news: DA formula changed – know how it will impact your salary 7th Pay Commission Central government employees latest news: DA formula changed – know how it will impact your salary

LATEST NEWS

Sebi tweaks operational framework on credit rating agencies

Four Adani Group stocks rebound; Adani Ports jumps 8%, Adani Enterprises climbs over 1%

Railways plans to upgrade ticketing capacity from 25,000 to 2.25 lakh per minute: Union Minister Ashwini Vaishnaw

Q3 Results 2023: Paytm narrows loss, IndiGo's net profit soars to Rs 1,422.6 crore

India Cements Q3 result: Subsidiary sale boosts net profit to Rs 133 crore

Govt announces substantial hike in windfall tax on locally produced crude oil, diesel and ATF

Q3 Results 2023: Emami December quarter PAT up 6%, Tata Power net profit doubles

Paytm shares under pressure ahead of Q3 results — what should investors do?

Valentine Week 2023 List: Dates, Wishes, Quotes, Messages, Greetings to share on WhatsApp and Facebook

Govt proposes changes in income tax law for startups: Here's how it will help sector to boom, top official explains

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV