Connect with us

National

Bank strike on Wednesday, services to be affected

Published

on

banks

New Delhi | Services of state-owned banks are expected to be impacted Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. This will be the second bank strike in less than a week.

Last Friday (December 21), an officers’ union of state-run banks observed a day-long strike to protest against the merger and also demanded immediate settlement of wage negotiations. Most of the banks have already informed customers about the strike. Private sector banks will continue to function as usual.

The strike is being organised by the United Forum of Bank Unions (UFBU), an umbrella organisation of nine unions, including the All India Bank Officers Confederation (AIBOC), the All India Bank Employees’ Association (AIBEA), National Confederation of Bank Employees (NCBE) and the National Organisation of Bank Workers (NOBW). The UFBU claims membership of 10 lakh officers and staffers.

According to AIBEA General Secretary C H Vekatachalam, the conciliation meeting called by Additional Chief Labour Commissioner did not lead to any assurance and so the unions are going ahead with the strike.

During the meeting, neither the government nor the concerned banks came forward to assure that they will not go ahead with the merger, he added. The unions claim that the government wants banks to grow in size by such mergers but even if all public sector banks are bundled into one, the merged entity will not find a place among the top 10 globally.

The government in September approved the amalgamation of Bank of Baroda (BoB), Vijaya Bank and Dena Bank — the first three-way merger in the public sector banking space.

The move follows top lender State Bank of India last year merging five of its subsidiary banks with itself and taking over Bharatiya Mahila Bank, catapulting it to among the top 50 global lenders.

On wage revision, NOBW Vice President Ashwani Rana it is due since November 2017. So far, Indian Banks’ Association (IBA) has offered 8 per cent wage hike which is not acceptable to UFBU, he said.

National

Javed Akhtar could have called us: ‘PM Narendra Modi’ producer Sandip Ssingh on credit row

Published

on

By

Javed Akhtar

Apart from Javed Akhtar, another veteran lyricist, Sameer, had said that he was surprised to find his name in the credits. 

 

Mumbai| Producer Sandip Singh, whose latest film “PM Narendra Modi” is embroiled in a controversy after Javed Akhtar expressed shock over getting credit for a song in the biopic, says the noted lyricist could have shared his grievance personally.

The 74-year-old writer’s name was mentioned in the credits of the film’s trailer alongside lyricists Prasoon Joshi, Sameer, Abhendra Kumar Upadhyay, Sardar, Parry G and Lavraj.

“Javed sahab is a senior writer in our country. We have grown up listening to his songs. We have used one of his old songs ‘Ishwar Allah’ from ‘1947: Earth’ and gave him credit. T-series is our music partner.

“I did not get any call from him and so I also did not call him. He spoke about it on Twitter, so even I replied there. But he could have called us,” Singh told PTI.

Apart from Akhtar, another veteran lyricist, Sameer, had said that he was surprised to find his name in the credits.

In his response, Singh said on Saturday that they gave credit to Sameer because they had incorporated his song “Suno gaur se Duniya walon” from the film “Dus”.

The trailer of the Omung Kumar-directed film, featuring Vivek Oberoi in the lead, released on Wednesday.

When asked about the response to the trailer, Singh said, “We can’t always have everyone like our work. We welcome all the criticism and we will learn from it.”

The film, which also features Boman Irani, Manoj Joshi, Zarina Wahab and Prashant Narayanan, releases on April 5.

Continue Reading

National

Vice Admiral Karanbir Singh becomes the new Navy Chief

News Desk

Published

on

navy

 New Delhi| The Modi government on Saturday appointed Vice-Admiral Karanbir Singh as the next Naval Chief of Staff. He will take over the charge from former Navy Chief Sunil Lamba. Vice Admiral Singh has been serving as the Flag Officer Commanding in Chief of the Eastern Naval Command in Visakhapatnam. According to a news agency, Lamba will retire as the Navy Chief on May 31, 2019.

The Vice-Admiral in his career spanning over 36 years has served as the Fleet Operations Officer of the Western Fleet. He has also been Joint Director Naval Air Staff at the Naval Headquarters, Captain Air and Officer-in-Charge of the Naval Air Station at Mumbai and as a member of the Aircrew Instrument Rating and Categorisation Team (AIRCATS).

 

 

 

 

Continue Reading

National

In the election month, 4.74 Cr farmers to get second installment of PM Kisan Scheme

Published

on

By

PM Kisan

Ahead of the Lok Sabha polls, the Centre announced the Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM Kisan) scheme.

 

New Delhi| About 4.74 crore small and marginal farmers registered under the PM-Kisan scheme before the Model Code of Conduct (MCC) for general election came into effect on March 10 will get the second instalment of Rs 2,000 each in their bank accounts, a senior government official said Saturday.

Of these 4.74 crore beneficiaries, 2.74 crore farmers have so far received the first instalment and the rest will be covered by month-end, he said.

The Election Commission of India (ECI) has allowed the Union Agriculture Ministry to transfer the first and second tranche of the payment to all those beneficiaries registered under the scheme before March 10, the official added.

Ahead of the Lok Sabha polls, the Centre announced the Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM Kisan) scheme under which Rs 6,000 per year would be disbursed in three instalments to around 12 crore farmers who hold cultivable land up to 2 hectares.

In the budget, the NDA government allocated a sum of Rs 20,000 crore, to transfer Rs 2,000 each to farmers in the first instalment by March-end, for the ongoing fiscal under the scheme.

The PM Kisan scheme was formally launched at the national level by Prime Minister Narendra Modi on February 24 at Gorakhpur in Uttar Pradesh by transferring the first instalment to 1.01 crore farmers, amounting Rs 2,021 crore.

“We were hoping to have the data of 12 crore farmers from across the country. But the data of 4.74 crore farmers have come before the MCC was enforced,” the official told PTI.

The government has already released the first instalment of Rs 2,000 each to 2.74 crore beneficiaries and the remaining will be covered before this month-end, he said.

With regard to the payment of the second tranche to begin from April 1, the official said the ECI has allowed making the payment to all those beneficiaries registered before the MCC kicked in.

“We can go ahead and make the payment of the first instalment to the rest of the people whose names are on the portal. We can go ahead and make the payment for the second instalment as well,” the official said.

In Uttar Pradesh, the first instalment has been released to around one crore farmers so far and the Centre has received data of additional 66 lakh farmers.

The official further said that Punjab and Haryana are amongst the top beneficiary states as more than 80 per cent of the farmers registered under the PM Kisan scheme have received the first instalment.

While, some states including West Bengal, Delhi and Sikkim have yet not submitted the farmers’ data and therefore no money has been transferred.

The official also mentioned that no fresh data has come from states after the MCC came into effect.

Continue Reading

Popular Stories

Copyright © 2018 Theo Connect Pvt. Ltd. info@hwnews.in