Tuesday, July 28, 2020

Bank Unions And Their Money Power

(FORWARDED AS RECEIVED)

*WHETHER BANK UNIONS RUN TRADE UNION OR MULTI CRORE BUSINESS WITHOUT ANY INVESTMENT!?*.
Kindly read the below article where J. N. Shukla discuss in detail.
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फोरम आफ बैंक पेंशनर एक्टिविस्टस्
 Forum of Bank Pensioner Activists
                  PRAYAGRAJ
कामये दु:खताप्तानां प्राणिनाम् आर्तिनाशनम् ।

FOR CIRCULATION:

Bank Unions' Trade

BUSINESS TURN OVER WORTH

Rs.161,40,00,000/=
PER ANNUM

LEVY BONANZA OVER
RS. 640,00,00,000
- an additional periodical dose

The Bank men are simple & innocent guys, live in very isolation & seclusive atmosphere, say unaware of many facts around, which, we think, they must know, since they form the axis of activities, be it banking or Unions. They must know Banking, since they have to run it. They must know products & services because they have to trade in and ensure effective delivery. They must know rules and regulations of business with a view to adhere them to keep the Bank & himself safe. At the same time, they must know the history of Banking, from it's primitive age to present day modern Technology driven Banking.

Since Banking is well organised, regulated and institutionalized industry, it's work force spread across the country have organised themselves under trade Unions with a view to safe guard themselves from un toward actions. Further, Unions have been looked upon as an instrument of change, in organized set of trade, industries & services, thus they hold great importance.

The Bank men Union history is over 7 decade old. Primarily, it started from workmen cadre, since it was lowest rungs of piramid. Officers were taken as HMV. Masters used them to manage the operations and work force.

However, after nationalization of 14 major commercial banks in 1969, officer community too started thinking to have some organized set-up. This way, today, banking work force upto General Manager level is unionized.

Today, there are 10 Unions of work men & officers recognized in Banking. Nine of these Unions are under one CLUB, called UFBU. One Mumbai based Sena Union remains out. The CLUB is managed by a Convenor who takes cares of club members as to what would there be in drinks- tea, coffee, cold drinks or liquors of which brand-foods in breakfasts, lunch, refreshments, & dinners. 

This set up, Club, was created to adjust inter Union conflicts & squabbles, which was the order of the day till mid-1990s. Earlier, all were free or grouped, engaged in peeping into others or raising others tail to expose gender. It was thought, inner conflicts & squabbles were counter productive, exposing one or other. Just to resolve this equation, Club was formed and now none of them neither peep into nor raise one's tail. All are attuned and speak in one language, one content as told by IBA. It was an alliance per force, call it as device to show a common face in banking fraternity.

The PSBs Unions have over 10 lakh members. Cadre-wise strength stands around as under:

Officers-     4.25  lakks
Clerks-        3.75  lakhs
Sub-staff-   2.00  lakhs
Total-         10.00 lakhs 

Monthly Subscription Rates:

Officers-.     @ Rs.200.00 per member
Clerks-.        @ Rs.100.00 per member
Sub-staff.    @ Rs.  60.00 per member

Monthly Cadre-wise Subs Revenue:

Officers:  425000×200 = Rs.850,00,000
Clerk:.      375000×100 = Rs.375,00,000
Sub staff:200000×  60 = Rs.120,00,000

TOTAL SUBS Per Month: Rs.13,45,00,000

Annual Turnover:

Rs.1345,00,000×12= Rs.161,40,00,000/=

We need not to explain twin formats that Bank Union have as their set up. One set is all India Bank wise Unions, their State bodies followed with District units. Second set is all India Banks Union like NCBE, AIBEA etc, their State Federation & District Units. They all get share from the aforesaid corpse.

In addition, they collect 4% levy from wage revision arrears. Further, they collect funds in the name of periodical meetings & conferences. Every wage settlement has an average of 30 months arrears. Just take for example. This year ending 31.3.2020, PSBs' Balance sheets  have shown Rs.16,000 crores as arrear provisions. At 4% it works out as Rs.640 crores.

We never saw any bankmen raising any question on expenditures whenever Income & Expenditures of Unions are placed. Always it's pass pass & pass. It's  cult or culture, we leave it to bank men to adjudge, but as facts reveal, one is master of loath of his share. At individual level it's just matter of Rs. 60, 100 or 200 rupees per month, but in system it converts into gigantic pile up of wealth, as shown above, on which leaders preside.

In other words, bank men are unaware of Unions economic power over which their leaders sit as vultures. Leaders have become professionals, akin to politician. Study of various state/bankwise/all India organizations reveal that cause of inner conflicts are very common on money grounds. Greater the money: bitter the conflicts! Here too, purse controls the union politics. Leaders at apex, keep their own people in perpetual conflicts allowing them to cut each others throats. They patronize, promote and pamper inner conflicts to secure their unquestioned monarchies. Raising a question is taken as blasphemy, though Unions profess democracy that means freedom to impressions & expressions. It's the game, Oldmen play to remain Goldmen for life long.

It's very easy to understand such money game of pass pass. Collection is 100% guaranteed, under check-off system. In early days, it was being collected in cash from member to member. 

In net shell, crux of issue is that it's MONEY that matters now. Some of Unions have forbidden retired entry. Some Unions have restricted top positions for 2 terms only. While, some Unions have left the task to nature. This 'nature' tendencies are playing havoc in Unions.  Such leaders preach for cadre building, leadership promotion. It's just befooling trick. Question is: how without uncorking the bottle, contents can be poured out? These retired people are like corcks. If really Unions want cadre, leadership development, they must have a succession policy and atleast remove one once he is retired from service.

'You can't have your cake and eat it too' is an old proverb. Unions can't have good cadre and leadership, if they don't have clear succession policy. Unions are live institutions. They must remain vibrant, that's virtually need young and energetic leadership at the helm of affairs. Don't depend on 'nature' to take such decisions, by that time it used to very late and ruinous. It turns out to be a chronic disease. It's prevalence over long time, damages all internal organs of body as a whole. Bank men know it, but just they are holding to their chest the dead corpses. We need not to name, which are worst hit Unions, which are run as Monastery by monks, really not by true representatives of bank men.

(J. N. Shukla)
National Convenor
21.7.2020

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