Saturday, July 31, 2010

STATE Bank leaders

Leaders on whom lies the fate of an organisation or trade union or a state government or a country have become lover of flattery, have become lover of money and lover of high post without merit. Root cause of all mishappenings, irregularities, fraud or cheating lies in nothing but flattery which shuts the eyes, ears and mind & heart of leaders. Leaders become self cantered and sacrifice the interest of the masses for whom they are meant. They forget God and minimum moral and religious values. New record of corruption will precipitate if a total investigation is made into what Shiela Dikchit has done in Delhi. When a person becomes popular he becomes more prone to bad habits and there are more chances of committing fraud with the system.
Corruption cannot end in India until government takes harsh steps to stop flattery. Yes man and bribe give equally responsible for rampant corruption and for damaging the right course of action. Looting of money from a person through bribe is less harmful than looting of pride, self respect of service men or businessmen or professionals. All is well sir or No Problem sir culture is killing the enthusiasm of real workers, real Indians and real businessmen because flatterers by dint of their actions hypnotize the top officials and ministers and get success in getting undue benefit or up gradation in service or better posting and quick promotion in service at the cost of many genuine workers.
CVC as such cannot stop corruption said to be rampant in work done for Common wealth Games in Delhi because they also become victim of this disease. CVC has to survive in the same system where perpetuators or corruption are sitting at the helm of affairs. Officers at vulnerable and responsible post at CVC or CBI or audit offices are chosen from a team of best flatterers. CVC has to be bold enough and has to stop corruption in transfers, posting and promotion as also in recruitment processes of government employees and bring about maximum transparency, eliminate the channel of Interview which gives rise to whimsical and biased decision. When honest and sincere officers are shunted in remote areas or posted in insignificant corners it is but natural that such officers will prefer indulging in flattery than wasting energy in good work.
CVC or for that matter Government of India has to make judicial process quick, affordable effective and honest so that victim of the system may approach court without any fear of repercussion. Fear of punishment may only keep flatterers and corrupt person away from the system. Similarly media has to take pro active and innovative initiativesto expose corrupt practices, conduct sting operation and do all acts deemed fit to expose the mischievous elements occupying top posts in government offices, ministry , banks, insurance companies, CBI, vigilance department, judiciary, tax departments etc who sell transfer, posting and promotions in service sector or who willfully torture and blackmail a good businessmen who do not flatter or bribe an officer.
Dkjain49709@rediffmail.com
30.07.2010

Friday, July 23, 2010

Bank Officers Association

It is a great pleasure that Canara bank has at least and at last realized that they have committed contempt of court by recovering 2.8 times of November 2007 salary inspite of stay granted by Madras High court. It is astonishing that other banks are still silent spectator of what is happening in various courts and without any shame or hesitation filing one after other submission in courts justifying the unjustified, discriminatory, divisive and condemnable clauses of 9th Bipartite settlement which completely goes against the interest of PF optees, retired or serving or resigned ..

I take this opportunity to sincerely condemn union leaders who were shamelessly busy in recovery of levy from their members despite the fact that their major portion of arrear was looted by the makers of the said agreement. I once again condemn those union leaders who filed counter affidavit in Madras High court even after mass protest against the said agreement and focused entire energy in making money from their own members and who feel no shame in extending a Farewell gift of five lac rupees one of union leaders who retired from one of PSU banks in the last month from the fund of union. I condemn union leaders who are growing richer and richer at the cost of hard working members.

That is why I like to say that the most painful and disgraceful story is that of union leaders who are meant to fight for the welfare and benefits of employees in general are working againt bank employees in nexus with top officials of bank management . A few union leaders sold their moral values in the hands of management and hijacked the unity integrity and militancy of bank employees. These so called protectors have also become damagers, Munsi Prem Chand ji told " Jab Rakchak hi Bhakchak ban jaye to vinash nishchit hai". Union leaders have damaged us to a great extent and it is their mischievous role that management succeeded in cheating a section of employees. There are many such leaders in banking industry who are earning money even in posting, transfers and promotion by working in collusion with members of Interview panel. Bank employees have to exert their all efforts to weed out such mischievous leaders and select a really good team of devoted workers.

No doubt pension is a social security measure and bank employees fought a long battle for getting another option of pension and ultimately we got it. But none of employees ever thought or ever imagined that they will have to pay 1800 crores of rupees to purchase this option.

Anyway I once again salute canara bank employees who initiated the legal battle boldly in Madras, other forums formed to fight against the illegal clause of the said agreement and all employees who directly or indirectly supported the battle against injustice and organizers of various website who made the employees aware and polarized opinion of various stalwarts to make the matter more crystal clear. I hope wisdom and good sense will prevail upon other bank management also and they will also take initiative immediately to refund the recovered money .

When a branch head in a bank commits mistake he is punished. I am unable to say what will be the suitable punishment for such CEOs, CMDs and GMs who signed on the said agreement which tarnished the image of bankers. Let the punishment be decided by respected courts..

Officer's Association in Banks

I call upon CMDs of various banks to listen the voice of silent protestors, read the contents of writs filed in various high courts, opinion published in website such allbankingsolutions.com, open your eyes and ears and act fastly to correct the mistake done on 27.04.2010.

Please do not kill the voice coming from your own heart and mind. None of the respectable, wise, experienced, intelligent , talented, law abiding , and knowledgeable person in the banking industry of lawyers club of India will concur with injustice done to Non pension optees through the 9th Bipartite settlement

Since courts are slow, you cannot perpetuate reign of injustice in wage agreement for long as you are doing injustice in promotion processes and transfer decisions and employees of India cannot allow you to use discriminatory and divisive wage scale defying fundamental Laws of equality enshrined in Indian Constitution.

Various letters have been written to important dignitaries of the country in this regard by so many persons working in different banks. But unfortunately politicians of our country also do not understand the problem of victims for years and years, decades ad decades as long as there is mass movement, violent agitation arsoning, strike, lock out, destruction of public property, closure of banks and ATM, disturbing customer service etc .

It is ridiculous that those politicians in India suggest dialogue with naxalites and terrorists but never try to solve the problem from the root before it takes violent form. The said agreement was also signed after agitation and strike done by bank employees many times during preceding 30 months. It is sad that a few greedy leaders, I say hardly 10 persons spoilt the career and fate of 10 lac employees.

When king is Tuglak, everything is possible. When Koda is Chief Minister of a state, everything is possible. When IAS officers are like Mr Rathod, murder of innocent girl like Ruchika is not surprising. When person like Raju is CMD of Satyam computers, when CAs are dishonest certification of fake balance sheet is not impossible in India and similarly when CAs are corrupt, rating agencies rate on the basis and quantum of bribe and fees they get, happening of fraud or manipulation with balance sheet is not impossible for banks and I it is not astonishing to anyone in India at least.

I submit a copy of letter written by one retired officer.

The Editor,

Business Line



Dear Sir,

Stalemate over banking consensus

Queer banking equations implanted in the Pension Agreement signed along with ninth bipartite settlement attracted nationwide resentment among bank men, delaying its implementation indefinitely. A group of dissatisfied employees secured stay order from Madras High Court putting IBA and bank unions in the defense box. When they merely objected the recovery of a portion of their pay as contribution to Pension Fund for giving them entry to Pension Scheme, the long cherished desire of the retired to get pension is delayed further, adding to their more than a decade old sufferings. The irrational terms providing for recovery of 2.8 time revised pay from new entrants in respected of the employees on rolls as on the date of agreement (27 April, 2010), recovery of 156 percent CPF and interest paid at the time of retirement in respect of the retired, &nbs p; forfeiture of pension from the date of retirement to the arbitrary date of 27 November, 2009 to the retired, payment of commutation reckoning the age as on date of fresh option instead of the age of retirement, non inclusion of resigned employees who have qualifying service for Pension etc . are tools devised to take away huge sums from the prospective beneficiaries of Pension Scheme. ; It becomes wild justice, quite illegal and irrational, in the context of the Pension Regulations being one and the same as on the date of agreement and existing Pension Opted employees have derived the benefit without any levy or penalty. &nbs p; While addressing the anomaly of denying the social security benefit to a large segment by extending them a fresh chance for option, five fresh glaring anomalies have been infused into the scheme, making it a black agreement altogether.

In earlier Bipartite settlements, after setting apart a portion of the total load factor towards Pension Fund, the remainder alone was distributed among CPF opted and Pension opted, putting the former to erosion of emoluments in each agreement, benefitting the latter. ; The proposal initially mooted for a uniform recovery of 1.6 times revised pay for Nov.2007 from all existing employees for sharing pension costs got changed overnight at last hour, settling down for sharing 2.6 times pay from CPF opted alone to their detriment. &n bsp; The 17.5 percent pay hike in the industry for the six days working bank employees in contrast with the 40 percent settled for five days working government staff has inculcated in them a feeling that it is the result of the additional cost of Pension rather than of the low profile bargaining of Unions. They seem to be ignoring the core fact that Pension is the consideration for services rendered and not for a mere option letter exercised on a bit of paper. While Pension opted are getting some amount as arrears of salary, almost the entire amount is snatched away from the other category. Unions that announced the twin achievement of Wage Revision and Pension Option as a grand gala victory took a somersault saying that they had no option other than agreeing to the rude terms of IBA for securing fresh Pension Option.

Recovery of 156 percent of CPF paid in the case of the retired (up to March 2010) would entail to them huge pecuniary loss as many will have to shell out as much as Rs.15.00 lakhs when their counterpart retiring in April,2010 or afterwards will have to pay a meager sum of Rs.0.30 lakhs to Rs.1.20 lakhs only. The impact of the insignificant cut-off date, which does not appeal to any reasoning is a severe blow to several beneficiaries.

The agreement provides for payment of Pension to the retired from 27th November, 2009 alone irrespective of the date of retirement. Though in all fairness, they are eligible to get monthly pension and interest on each payment date from one decade back, they are victimized through recovery of 156 percent of the CPF paid at the time of retirement uniformly. &n bsp; This apparently is a dual penalty to them. The modality is totally enigmatic and carries with it unfairness of an extreme nature.

Pension Regulations for computing commutation recognizes the age next birthday at the time of retirement whereas the agreement stipulates age on the date of fresh option to the detriment of all the retired. &nbs p; This leads to application of entirely different yardstick under the same Regulations to different beneficiaries without any logic. The delay in implementation of the agreement is worsening the situation for the retired.

Non-inclusion of the resigned employees in the scheme is a further anomaly as the resigned possessing enough qualifying service are denied the social security benefit altogether. & nbsp; When VRS retirees who are paid an incentive for going out are also considered for pension, the resigned are to be invariably extended the benefit in all cases where they are paid all other terminal benefits. Qualifying service and not the mode of exist shall be the vesting criterion for Pension unless the termination if a compulsory one through disciplinary procedures.

In financial sector, Public Sector Banks appear to be competing with others to secure the worst employer award by denying proper compensation to the work force who run the shows for the progress of the nation. Even as profits are soaring for each bank, the key men are attempting to add to their cosmetics by transferring higher profits to the exchequer, which goes to part finance the pension and wages of employees in other sectors and government. They should say what banks would have done if all had opted for pension when initially offered. &nbs p; The deprived could not opt earlier when terms of offer contained a penal clause enabling forfeiture of entire past service for participation in strike and were not given fresh chance when the adverse chapter was scrapped in 1999. While denying pension to the retired, banks that function on sole premises of laws of the country and depend on them for each transaction are blatantly flouting substantive law. Retires and working, Pension Opted and CPF opted all are, without exception, growling over the agreement percolating with gross anomalies. The retired who did their best for banks are on crossroads for want of income for subsistence and their decade old sufferings get prolonged as the stalemate on the catastrophic agreement continues. IBA, Unions and Government should evince keen interest and initiate corrigendum steps to rectify all anomalies without further waste of time and bring solace to all.



Yours faithfully,



C N Venugopalan

C N Venugopalan

Ex-Manager, Union Bank of India

Camp: 101 Pinnacle Court,

Apt. # 82, Frankfort,

Kentucky 40601 USA

Cell:0013135491401
Nandanam,

Wednesday, July 21, 2010

Is dialogue really a solution to naxalism?

Some of our leaders plead for dialogue with Naxalites and extend financial support to bring these naxalites in mainstream. They should keep in mind that dialogue is possible only with those who are interested to talk with the Government. There are naxalites or terrorists who are bent upon disturbing India, weakening India and Indian armed forces and hence they cannot be expected to come on talking table with clear intention. Such criminals are to be taught a lesson, such criminals have to be booked to task and each of their attack has to be properly investigated and each of such criminal must be punished without any hesitation and only then Indian government can imagine of controlling or stopping the act of growing naxalism or terrorism in India. Dialogue is a separate process and it must be continued with people who are interested sincerely in maintaining social peace, harmony and who are really interested in work of development. Any talk of financial inclusion will prove futile and complete Bakwas if these naxalites try to loot even development fund and misuse the same for carrying out their anti national activities.

Ministers are talking of dialogue with Naxalites and the same thing to handle terrorists acting from across the border and on the other hand Naxalites have been continuously growing in their power, their network and their effectiveness in carrying out destructive and killer attacks on trains, on buses, on public fares, crowded roads. Naxalies boldly do so and do without any fear of retaliation from police forces. They are successfully executing their agenda of anti national activities and that of mass killings of armed forces police personnel and poor innocent villagers.

It has to be always kept in mind that those people, naxalites or terrorists who indulge in killings of innocent villagers or armed forces are neither true Indians nor true human being. These criminals are neither good for society nor for the country. Such criminals are neither true Indians nor true Pakistanis, neither true Hindus nor true Muslims or Sikh r Christian. In my opinion crime is crime and it has to be dealt with sternly and severely to keep values of civic society intact. Criminals must be punished as per prevailing laws and none of the politicians should be allowed to interfere or make any comment on the matter related to Law and Order. Continuous soft attitude towards evil doers and maintaining soft corner for such criminals shows not bravery but affirms the cowardice, inactiveness and timidity on the part of administrators. Talk of dialogue sometimes appears deceptive and symbolize nothing but evasive policies of he government , either at state level or at central level

Social reformists and selfish politicians like Digvijay Singh or Lalu Yadav or Mulayam Singh or Sibu Soren have been advocating for years together dialogue process as the one and only solution to the problem of naxalism. I charge such politicians as selfish because such politicians survive in politics only by taking support from these anti national naxal elements. They are least bothered of brutal killings of CRPF forces or demoralization of armed forces or pain of families whose members have been killed by naxal elements.

In the same way, some politicians are advocating dialogue process with Pakistan for last two three decades. Inspite of India’s several unilateral efforts carried out time and again by UPA and NDA governments in the past to initiate dialogue with Pakistan (merely to please Bosses sitting in America and to please some Muslims and some Muslim leaders in India who are speaking the languages of Pakistan Government) our neighbour Pakistan has not stopped hate campaign against India, Pakistan has not stopped supporting ISI and terror outfits like LeT to carry out cross border terror attack in India and has not taken any effective step to punish terror perpetuators .Pakistan has always stabbed us from behind whenever Indians initiate dialogue process. It will not be out of place to mention here that millions of Indians had taken vow to effectively fight against terror and not to remain silent till the terrorists re booked to task.

Inspite of terror attack on Parliament of India and reputed religious places, terror attack in Mumbai and so many other places some of our politicians still plead continuance of dialogue process. Pakistan has stabbed India so many times, misbehaved with our leaders and expelled Indian diplomats from Pakistan for no reason just to irritate Indians and cause division in Indian community.

But India is great, its patience is unparallel in the world, its capacity to tolerate all acts of disrespect and boldly tell the people of India that India is not afraid of Pakistan or any neighboring countries. Obviously Indian leaders have decided not to decide so that their Muslim vote bank is not disturbed and they may be able to continue in power. In the name of dialogue and in the name of peace process our selfish leaders are weakening India and causing irreparable loss to Indians , to armed forces and to India’s respect and dignity in the world.

Days are not far when armed forces will revolt and act against Pakistan even without taking the concurrence of Indian politicians. They will have to keep, maintain and boost up the morale of armed forces without caring for annoyance of such selfish politicians. Similarly local police force, CRPF and other paramilitary forces will not hesitate in defying the orders of selfish politicians and to retaliate against naxalites indulging in anti national activities just to keep their head high and to save the life of their families. I salute Home Minister Mr. Chidambram who is making his best effort to fight against Naxalism and cross border terrorism even though he is facing stiff resistance from some of his own colleagues and some members of opposing camp.

There is an old proverb as “Money is lost noting is lost, health is lost something is lost but if character is lost everything is lost.”


Danendra Jain Agartala
20h July 2010

Sunday, July 18, 2010

Terrorism and Naxalism

Ministers are talking of dialogue with Naxalites and the same thing to handle terrorists acting from across the border. Naxalites have been continuously growing in their power, their network and their effectiveness in carrying out destructive and killer attacks on trains, on buses, on public fares, crowded roads and without any fear of retaliation from police forces ,they are successfully executing their agenda of anti national act and that of mass killings of armed forces police personnel and poor innocent villagers.

Social reformists and selfish politicians like Digvijay Singh or Lalu Yadav or Mulayam Singh or Sibu Soren have been advocating for years together dialogue process as the one and only solution to the problem of naxalism. I charge such politicians as selfish because such politicians survive in politics only by taking support from these anti national naxal elements. They are least bothered of brutal killings of CRPF forces or demoralization of armed forces or pain of families whose members have been killed by naxal elements.

In the same way, some politicians are advocating dialogue process with Pakistan for last two three decades. Inspite of India’s several unilateral efforts carried out time and again by UPA and NDA governments in the past to initiate dialogue with Pakistan (merely to please Bosses sitting in America and to please some Muslims and some Muslim leaders in India who are speaking the languages of Pakistan Government) our neighbour Pakistan has not stopped hate campaign against India, has not stopped supporting ISI and terror outfits like LeT to carry out cross border terror attack in India and has not taken any effective step to punish terror perpetuators .It will not be out of place to mention ere that millions of Indians had taken vow to effectively fight against terror and not to remain silent till the terrorists re booked to task.

Inspite of terror attack on Parliament of India and reputed religious places, terror attack in Mumbai and so many other places some of our politicians still plead continuance of dialogue process. Pakistan has stabbed India so many times, misbehaved with our leaders and expelled Indian diplomats from Pakistan for no reason just to irritate Indians and cause division in Indian community.

But India is great, its patience is unparallel in the world, its capacity to tolerate all acts of disrespect and boldly tell the people of India that India is not afraid of Pakistan or any neighboring countries. Obviously Indian leaders have decided not to decide so that their Muslim vote bank is not disturbed and they may be able to continue in power. In the name of dialogue and in the name of peace process our selfish leaders are weaken India and causing irreparable loss to Indians , to armed forces and to India’s respect and dignity in the world.

Days are not far when armed forces will revolt and act against Pakistan even without taking the concurrence of Indian politicians. They will have to keep, maintain and boost up the morale of armed forces without caring for annoyance of such selfish politicians. Similarly local police force, CRPF and other paramilitary forces will not hesitate in defying the orders of selfish politicians and to retaliate against naxalites indulging in anti national activities just to keep their head high and to save the life of their families. I salute Home Minister Mr. Chidambram who is making his best effort to fight against Naxalism and cross border terrorism even though he is facing stiff resistance from some of his own colleagues and some members of opposing camp.

There is an old proverb as “Money is lost noting is lost, health is lost something is lost but if character is lost everything is lost.”

It has to be always kept in mind that those people , naxalites or terrorists who indulge in killings of innocent villagers or armed forces are neither true Indians nor true human being. These criminals are neither good for society nor for the country. Such criminals are neither true Indians nor true Pakistanis, neither true Hindus nor true Muslims or Sikh r Christian. In my opinion crime is crime and it has to be dealt with sternly and severely to keep values of civic society intact. Criminals must be punished as per prevailing laws and none of the politicians should be allowed to interfere or make any comment on the matter related to Law and Order. Continuous soft attitude towards evil doers and maintaining soft corner for such criminals shows not bravery but affirms the cowardice and timidity on the part of administrators.

Danendra Jain Agartala
19t July 2010