MINUTES OF THE JOINT MEETING BY AINBOA, SIDBI OFFICERS' ASSOCIATION & NABARD RETIRED OFFICERS ASSOCIATION

NATIONAL BANK OFFICERS’ ASSOCIATION (NBOA)

        C/O NABARD, HO,       BANDRA-KURLA COMPLEX, MUMBAI

MINUTES OF THE MEETING HELD AT MUMBAI ON 26/08/2011

A MEETING WAS CONVENED BY NBOA ON 26/08/2011 WITH AN OBJECTIVE TO FORGE AN ALLIANCE WITH NABARD RETIRED OFFICERS ASSOCIATION, SIDBI OFFICERS ASSOCIATION AND RBI OFFICERS ASSOCIATION SO AS TO JOINTLY TAKE-UP THE CASE OF PENSION REVISION AND UPGRADATION OF PENSION & FAMILY PENSION.

THE MEETING WAS ATTENDED BY THE FOLLOWING-

S/SHRI

1. T.K KASHIVISHWANATHAN, PRESIDENT, ALL INDIA NABARD RETIRED OFFICERS ASSOCIATION

2. S.C.WADHWA, SECRETARY, ALL INDIA NABARD RETIRED OFFICERS ASSOCIATION

3. B.I CHANDAK, PRESIDENT, SIDBI OFFICERS ASSOCIATION

4. A.K. RASTOGI, SECRETARY, SIDBI OFFICERS ASSOCIATION

5. U.K. MOHANTY, PRESIDENT, NBOA

6. D.K. MAZUMDAR, VICE-PRESIDENT, NBOA

7. DR. D.S CHAUHAN, GEN. SECRETARY, NBOA

8. A.K.S. CHAUHAN, TREASURER, NBOA

9.  A. LOKARE, ZONAL SECRETARY (W) , NBOA

10. SAMUEL JOHNSON, EXEC.MEMBER, NBOA

THE MEETING STARTED WITH NBOA WELCOMING THE NABARD RETIRED OFFICERS ASSOCIATION AND SIDBI OFFICER ASSOCIATIONS REPRESENTATIVES AND THEREAFTER THE FOLLOWING BUSINESS WAS TRANSACTED-

A) SRI U. K. MOHANTY INFORMED THE HOUSE THAT THE RBI PROMOTE OFFICERS ASSOCIATION HAS INDICATED THAT THEY WOULD LIKE TO BE A PART OF THE JOINT FORUM BUT DUE TO CERTAIN PREOCCUPATION THEIR REPRESENTATIVES WERE NOT ABLE TO ATTEND THE MEETING. IT WAS DECIDED THAT SRI U.K.MOHANTY SHALL BRIEF THEM ABOUT THE MEETING AND TAKE FURTHER STEPS AS REQUIRED TOWARDS THIS ASPECT.

B) THEREAFTER, SRI KASHIVISWANATHAN BRIEFED THE HOUSE ABOUT THE GENESIS OF NABARD’S PENSION SCHEME AND ITS HISTORICAL PERSPECTIVE AND HE UNDERLINED THE PLIGHT OF RETIREE OFFICERS DUE TO NO N REVISION & NON UPGRADATION OF PENSION IN RBI, NABARD AND SIDBI. HE FURTHER OUTLINED THE NEED FOR AN ACTIVE ROLE TO BE PLAYED BY NBOA AND OTHER SISTER CONCERNS TOWARDS THE ACHIEVEMENT OF LEGITIMATE DEMANDS OF THE RETIREE OFFICERS. HE ALSO WELCOMED THE INITIATIVE TAKEN BY NBOA IN TAKING-UP THE ISSUE IN RIGHT EARNEST AND EXPRESSED HIS HOPES THAT THE INITIATIVE OF JOINT FORUM WILL BE ABLE TO CLINCH THE ISSUE IN DUE COURSE OF TIME.

C) SRI S.C. WADHWA THEREAFTER BRIEFED THE HOUSE ABOUT THE VARIOUS STEPS INITIATED BY THE NABARD RETIRED OFFICERS ASSOCIATION FOR FIGHTING THIS JUST CAUSE AND HE ALSO BRIEFED THE HOUSE ABOUT VARIOUS ORDERS ISSUED BY THE HON’BLE COURTS OF JUSTICE IN INDIA ON THE PENSION ISSUE. THE GIST OF ALL SUCH COURT INTERVENTION IS THAT ‘SENIOR CITIZENS OF THE COUNTRY HAVE TO BE DEALT WITH DIGNITY AND IT IS THE RESPONSIBILITY OF THE ORGANISATIONS TO ENSURE THAT THEY ARE ABLE TO EKE OUT AN HONORABLE AND COMFORTABLE LIFE WITH THE HELP OF THE PENSION THEY ARE BEING PROVIDED TO.’

D) SRI RASTOGI & SRI CHANDAK THEN APPRISED THE HOUSE OF THE STATUS OF THINGS IN SIDBI AND ALSO THE NEED FOR SIDBI & NABARD OFFICERS ASSOCIATIONS TO COME TOGETHER NOT ONLY ON THE ISSUE OF PENSION BUT IF REQUIRED , IN FUTURE , THEN ALSO ON OTHER SERVICE CONDITION RELATED ISSUES. SRI CHANDAK INFORMED THE HOUSE THAT SINCE SIDBI’S PAY & ALLOWANCES ARE NOW LINKED AT PAR WITH THAT IN NABARD, IT HAS BECOME MORE IMPERATIVE FOR THE TWO ASSOCIATIONS TO COME TOGETHER. HE FURTHER OPINED THAT THOUGH THE NUMBER OF RETIRED OFFICERS IN SIDBI IS FAR LESS THAN THAT IN RBI & NABARD BUT THE ISSUE OF PENSION IS RELEVANT FOR EVEN FOR THE PRESENT DAY WORKING EMPLOYEES AS ALL OF US HAVE TO RETIRE ON A PARTICULAR DAY. SRI RASTOGI ASSURED THAT SIDBI OFFICERS ASSOCIATION SHALL EXTEND ALL COOPERATION IN THIS COORDINATED EFFORT.

E) SRI U.K. MOHANTY AND THE UNDERSIGNED THEN BRIEFED THE HOUSE TOWARDS THE INITIATIVES TAKEN BY NBOA ON THE ASPECT OF PENSION & FAMILY PENSION REVISION AND CALLED UPON ALL THE PARTICIPANTS TO UNTIDILY FIGHT FOR THIS IMPORTANT AND JUST ISSUE.

F) IT WAS THEREAFTER DECIDED TO FORM A COORDINATION COMMITTEE COMPRISING OF -

1. SRI T.K.A. KASHIVISHWANATHAN

2.  SRI S.C. WADHWA

3. SRI A.K. RASTOGI

4. SRI B.I CHANDAK

5. SRI U.K. MOHANTY, AND

6. DR D.S.CHAUHAN AS CONVENER

IT WAS DECIDED TO INITIATE ORGANISATIONAL MOVES BY ALL THE THREE ASSOCIATIONS JOINTLY ON THE ISSUE OF PENSION AND IT WAS FURTHER DECIDED THAT TO START WITH A LUNCH HOUR DEMONSTRATION MAY BE ORGANISED PREFERABLY IN THE MONTH OF SEPTEMBER TO LODGE A STRONG PROTEST ON THE ISSUE. IT WAS FURTHER DECIDED THAT THE COORDINATION COMMITTEE SHALL THEREAFTER DECIDE THE FUTURE COURSE OF ACTION.

THE MEETING ENDED WITH A VOTE OF THANKS PROPOSED BY SRI D.K. MAZUMDAR.

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(DR. D.S. CHAUHAN)

28/09/2011

PS: THE DELAY IN ISSUING THE MINUTES IS REGRETTED.