Published On : Wed, Sep 5th, 2018

Nagpur Coop Bank staff demand increment, DA

NAGPUR: Demanding immediate release of Dearness Allowance (DA) and increments, which have been put on hold from years, the employees of Nagpur District Central Co-operative Bank (NDCCB) staged an agitation in the Nagpur District Central Co-Op Society premises on Wednesday.

The NDCCB employees informed that their annual salary hike had been put on hold since July 2014 and their DA had stopped since May 2015. Chandrakant Rothe, general secretary of Maharashtra State Co-operative Bank Employees Union (MSCBEU) Nagpur, told Nagpur Today, “At the end of March 2017, NDCCB profit was Rs 3.64 Crore, which took a giant leap in March 2018 going up to Rs 35.62 Crore. Out of total profit, there was a provision of Rs 20 Cr for employees. However, the management still managed to neglect our demands.”

He mentioned that the union had met CM Devendra Phadnavis in May and August this year. The CM had issued instructions to the current CEO of the bank Sanjay Kadam to take necessary steps for resolving their issues. But the administration was denying their role on finding any resolution to the problems.

“If this attitude of the management continues, we might be forced to turn our agitation violent after September 15,” Rothe told NT. “There are 98 employees, who had joined the NDCCB in 2009, but are still serving on a fixed pay of Rs 3,500. In the age of such acute inflation, it is elusive to survive with such minimum wage. The administration is forcing us to commit suicide,” a bank employee revealed to NT.