2nd and 4th Saturday's will be holidays and other Saturday's will be full working days. Strike deffered.
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We are happy to inform that in today's talks, wage revision settled at 15% (Rs. 4725 crores) w.e.f  01.11.2012.
2nd and 4th Saturday's will be holidays and other Saturday's will be full working days. It is a victory of our unity and militancy. Red Salute to all comrades. Strike deffered.

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An emergent meeting of the Central Committee of AIBEA was held at Mumbai on 10th January, 2015 to take stock of the developments relating to the on-going negotiations for 10th Bipartite Settlement. A detailed reporting was made about the developments in the negotiations since our CC/GC meeting held at Kolkata in August, 2014.

 Units and members are aware that in the backdrop of the strike call given by UFBU, Chief labour Commissioner, Ministry of Labour, Govt. of India held a conciliation meeting at Delhi on 5-1-2015 and this followed by two days bipartite negotiations between IBA and UFBU at Mumbai on 6-1-2015 and 7-1-2015. Since IBA came forward to improve their offer from 11% to 12.5% towards increase in cost of payslip components, the strike has been deferred. Further negotiations would continue. We congratulate all our units and members for their preparations to implement the strike programme which resulted in IBA reconsidering their stand and improving their offer from the earlier Rs. 3465 crores to Rs. 3938 crores.

  

May God spread prosperity and joy in your life on this New Year and fulfill all your dreams.