Government Announced Rs.20 Lakh crore #EconomicPackage to make in #AtmaNirbharBharat.
But, Most of the schemes are to be implemented by Public Sector Banks of India. So it's #BankNirbharBharat
Public sector banking plays crucial nation building role from beginning. (1/n)
Dear @narendramodi@PMOIndia
No1 #BankNirbharBharat
If Bankers are responsible for making Govt schemes successful, then they must be given their wage increment on time which is pending since #928Days
#BankNirbharBharat (2/n)
👉SUBORDINATE DEBT FOR STRESSED MSMEs Rs 20,000 cr
👉FUND OF FUNDS FOR MSMEs Rs.50000 Cr Infusion
👉A 45,000 cr infusion thru Partial Credit Guarantee, bank bears 80% risk
👉25 lakh new KCC with loan limit of Rs.25000cr have been sanctioned.
Read on...
Government of India is completely depend on Public Sector Banks to Implement it's scheme.
Be it #JanDhan
Be it #DBT like Gas Subsidy, #PMGKY
Be it #MSMEs Lending
Be it Agri Lending
Be it Govt. Loans
or Even rescuing Private Bank like @YesBank#BankNirbharBharat (3/n)
Read on..
But these Public Sector Bankers are #UnderPaid. Their Salary Revision is Pending for last #928days, since 01.11.2017.
Bankers wage revision happens every 5 year through Bipartite Settlement between IBA and Bank Unions (UFBU).
#BankNirbharBharat#11thBPS
(4/n)
Many private companies are giving increments,additional Salary to boost morale of employees, genuine demand of Bankers wage revision is getting neglected by @IBA_org_in
A demotivated work force can't help you in achieving the goal
#BankNirbharBharat#928Days#11thbps 7/n read on
Now few people may ask, why Bankers are raising Salary Issue at a time when Economy not in a good shape.
We are asking for our wage revision to ensure our contribution in reviving economy only.
How it is going to help the Indian Economy?
#BankNirbharBharat#928Days
Read on 5/n
Moreover, Banks has kept aside Rs.18000cr on account of salary revision
✔️It will be wise for @DFS_India to use this amount & revise our salary.
👉Settling wage revision will not only help economy, but will boost morale of Bankers as well
#BankNirbharBharat#928Days 6/n read on
Bankers Salary Revision Pending for last #928Days since 01.11.2017. Banks has delayed it citing poor health due to #NPA.
Now Govt. relaxing recovery measures for 1 year. Now What?
When govt announce any scheme, it starts with bank.
Settle our dues first. #BankNirbharBharat
#BankNirbharBharat#928Days
Debts related to Covid to be excluded from defaults under the IBC
No insolvency procedures to be initiated for a period of one year
For MSMEs a special insolvency framework to be notified under section 240A of IBC
Mon threshold is Rs1cr for Insolvency
28.08.2014-PMJDY
08.04.2015-PM MUDRA
09.05.2015-APY
09.05.2015-PMJJBY & PMSBY
05.04.2016-STAND UP INDIA
08.11.2016-DEMONETISATION
24.02.2019- PM KISAN SAMMAN
#BankNirbharBharat but bankers are Underpaid. Salary Revision pending for last #928Days#11thBPS
Government Announced Rs.20 Lakh crore #EconomicPackage to make in #AtmaNirbharBharat.
But, Most of the schemes are to be implemented by Public Sector Banks of India. So it's #BankNirbharBharat
Public sector banking plays crucial nation building role from beginning. (1/n)
Public Sector Banks plays an important role in #20LakhCrorePackage#20LakhCroreStimulus@IBA_org_in linked Salary with Profitability
These Schemes will result in Huge NPA
Hence, future profitability hampered.
Economic Reforms at the Cost of Economic Backbone? - Public Banks.