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PBEF Virtual Central Committee Meeting- Decisions CC Adopts Resolution Hailing MoU
Date 11/08/2020 19:48  Author admin  Hits 154  Language Global
 Central Committee Meeting of Punjab Bank Employees’ Federation was held on 9th August
2020 on virtual mode. This first ever meeting of the Federation online, was chaired by Com
P R Mehta, President Punjab Bank Employees’ Federation. Com Amrit Lal, Chairman, PBEF
also present among the members of presidium. Before taking up the regular agenda
tributes were offered with observing silence to the Galwan Martyrs, Com S B Kar, AITUC
leader and former General Council Member of AIBEA from Odisha, Com M K Mehta, veteran
leader of Gujarat Bank Workers Union and former General Council Member of AIBEA, Com S
V Dange, former leader of All India Union Bank Employees Association and former General
Council Member of AIBEA, Com Ranajay Bhattacharya, former President of Meghalaya Bank
Employees Association and leader of PNB Union, victims of corona virus, migrant workers
who lost their lives in the current pandemic,

  those who lost their lives in Vizag Gas Leak
accident, those who lost their lives in Amphan cyclone in West Bengal, Victims of Air India
Plane crash in Kerala and other important personalities who died during the recent period.
Undersigned, explained the agenda of the meeting in detail which was already circulated
among the participants. Before taking up the regular items of the agenda Com P.R Mehta,
President commenced the proceedings with his opening remarks. He cautioned the
members that the situation prevailing in the country is alarming when multiple attack is
there on working class. Govt. is pushing is investment aiming wholesale privatization of all
Public Sector Undertakings including Banking industry, Insurance Sector, railways,
coalsector, petroleum and almost every PSU is on the target. Hence united and grim
struggle is only the way of survival. He congratulated the membership, AIBEA and UFBU
leadership for signing of MoU for 11th Bipartite Negotiations, however he called upon the
participants to discuss, debate, and evaluate this in the given situation.
Com Amrit Lal, Chairman, while addressing, congratulated the participants for unique
achievement of signing MoU. He appreciated the key role of AIBEA leadership and UFBU as
well in this significant achievement. He also called upon the members to remain prepared
for coming struggles against Govt. move of privatization.
Thereafter, undersigned, reported on the entire detail of the negotiations held so far with
the IBA and significance of the MoU signed with the IBA on 22nd July 2020 by UFBU and

further explained that new features like PLI Scheme, annual encashment of privilege leave
on occasions of festivals, management’s contribution at 14% for employees covered by
NPS, improvement of Family Pension at an uniform rate of 30% and without any ceiling
thereon. Com P R Mehta, President invited the participants for discussions. 19 members
deliberated on the issue and the entire Central Committee with one voice welcomed the
MoU as a significant achievement and congratulated the AIBEA leadership as well as
UFBU/constituent Unions for achieving the same.
The meeting noted that in the given circumstances where the entire country is facing a
health emergency and the economy and banking sector have been impacted due to the
pandemic situation, the MoU is a milestone which has paved the way for an early final
settlement on wage revision. With these observations, the CC unanimously adopted
a Resolution hailing the MoU.
Fight against anti-worker labour reforms and anti-people economic reforms:
The CC took serious note of the aggressive attempts of the Government to push through
the labour law changes to the detriment of the working class. Similarly, the meeting also
observed the steps being taken by the Government to go ahead with their measures on
privatization and disinvestments of public sector units.
The meeting also regretted that enough measures are not being taken by the Government
to mitigate the problems being faced by the workers and employees in the current
pandemic situation but on the other hand, the Government was busy in extending all
concession to the corporates and private sector.
The meeting called upon all our unions and members to support the struggles and strikes in
other sectors on these issues and also get ready for participation in any strike call that
would be decided upon by the Central Trade Unions.
Get ready for continuous strike actions against move of privatization of Banks:
The CC took serious note of the press and media reports for the past few days about
attempts of the Government to privatize our public sector Banks. As far as AIBEA is
concerned, public sector banking is an article of faith and hence cannot tolerate any such
attempts on the part of the Government. Public sector banks have made wonderful
contributions for the economic development of our country and need to be further
strengthened, capitalized, and expanded and not to be privatized.
The meeting expressed its commitment to implement the call including repetitive and
continuous strike actions depending upon the developments.
Central Committee expressed satisfaction over installation of metallic statue of Com H.L
Parvana at Com H.L Parvana Memorial Complex, Badla, and implementation of series of
social identification programs in observance of 51st Anniversary of Bank Nationalization,

publication of special editions covering articles and defaulters list in Punjabi Newspaper
Nawan Zamana.
While concluding the meeting Com P.R Mehta, President appreciated the efforts and the
success of virtual meeting which will prove a step further in holding such meetings in future.
The meeting ended with the vote of thanks to the chair.
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