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Ellaquai Dehati Bank Employees Unending Wait for 12th BPS Wage Revision
Ellaquai Dehati Bank employees await implementation of the 12th Bipartite Settlement despite DFS directives. Delay in wage revision has sparked discontent, impacting staff morale and risking industrial unrest.
Author: Saurav Kumar
Published: November 20, 2024
Employees of Ellaquai Dehati Bank (EDB) are waiting for the implementation of the 12th Bipartite Settlement (BPS) since the Department of Financial Services (DFS), Ministry of Finance, Government of India (GoI) had issued instructions in the month of July 2024.
Employees of the bank are at the receiving end of the disparity as their revised salary & allowances are yet to be implemented. The DFS on July 8, 2024 vide No. 8/2/2024 RRB mandated the implementation of salary revisions according to the 12th BPS and directed all the Chairpersons of the RRBs directed to implement the wage revision effective November, 2022.
Recently, AIRRBEA, the largest association across all the RRBs has demanded implementation of the wage revision of RRBs such as APGVB, Baroda UP Bank including EDB.
Ellaquai Dehati Bank, headquartered at Srinagar, J&K was formed in the year 1979. It operates through 113 business units, 2 Regional Offices & 1 Area Office. It has presence in both the divisions of the Union Territory and has at present a network of 110 Branches and 3 extension counters spread across thirteen districts of the Union Territory viz Srinagar, Budgam, Ganderbal, Anantnag, Pulwama, Shopian, Kulgam, Jammu, Udhampur, Reasi, Ramban, Doda, and Samba.
Discontent Against EDB Management
A banker on the condition of anonymity told Kanal, “Unimplemented wage revision as per 12th BPS has led to discontent among its employees, as EDB remains the only RRB in the country which awaits wage revision as per 12th BPS while Sponsor Bank implemented the same on 15th July, 2024. The other RRB, Jammu & Kashmir Grameen Bank (JKGB) sponsored by J&K Bank has already revised salary & allowances, etc. of the staff as per DFS communication (No. 8/2/2024-RRB dated 08.07.2024).
As per another source of the supervisor of RRBs (NABARD), the Deputy General Manager (DGM) NABARD, Srinagar had sought clarification from EDB Chairman about delay in implementation despite approval (quorum of 5:1 of the Board of Directors) of which he was part. However, the NABARD official could not be contacted for his comments.
Further provisions against wage revision (effective November, 2022) under the 12th BPS have already been made upto October 2024. Thereby having no effects on profitability of the Bank.
Another banker stated to Kanal that, “Delay in implementation of the wage revision has demotivated the staff which can be inferred from deteriorating business parameters of the Bank when compared on a month-on-month basis. Moreover, the bank is staring at an avoidable industrial unrest if the wage revision is further delayed.”
“Withholding of ‘Wage revision’ on unknown pretexts depicts insensitive approach of the management of the bank towards rights of the staff, management of the bank includes Chairman & 3 General Managers deputed from the Sponsor Bank”, Banker added further.
It may also be noted that delay in wage revision implementation has also halted ex gratia release of pensioners of the Bank which is again violation of DFS and GoI instructions.