Saturday, April 26, 2014

NABARD retirees tired...........



In the case of NABARD pensioners GOI is behaving more heartlessly. Even the revision in family pension allowed to RBI pensioners is not allowed although the requirement of the GOI have been satisfied by the Bank, such as Board approval for statutorization of the Staff Rules which the GOI put as condition precedent. Even the Pension Regulations amendments as required by the GOI which have been approved by the NABARD Board and sent to the GOI and RBI are not approved till now. The plight of the pensioners who had retired prior to 1997 is much more pitiable. God knows when the GOI and its bureaucrats will wake up to the hardships of the pensioners of NABARD and extend relief.  
- M V Gupta. Principal Legal Advisor (Retd) NABARD, Mumbai 

1 comment:

santhrajspeaks said...

It is ironical that Mr Gupta, former Chief Legal Advisor of NABARD is lamenting now on the delay in GoI taking decision on pension matters of NABARD. The mess is more because of such senior officials who did not do their job well and failed to look at the legal requirements that oould satisfy GoI requirements. Every time, GoI returned the pension case back to NABARD finding one lacuna or the other and then the bank acted on them and got the Board approvals and resubmitted the cases. Never the legal department of NABARD showed keenness in examining all the issues before referring to the GoI. It was always a reaction to comply and never a proactive action to make a comprehensively maintainable case for GoI consideration. Why did he not get the necessary modifications to staff rules (I understand that it was done in the recent part), the Board approvals (this also I understand that this was done only subsequent to his demitting office) done during his tenure?
When the senior officials were in service, they never bothered to take up the issues of retirees. Once they got retired, they start blaming the GoI. None of the wage settlements looked at the pensioners plight except the on-going one as GoI has forced RBI to look at the option of having 10 year plan for revision of both salaries and pension of their staff.
Whenever the issued was raised, the standard reply from those dealing with the matter was that GoI was feeling that it would have domino effect on other PSUs and so they do not want to revise the pension as is being for govt employees. But, now the truth is that the home work done by NABARD and to some extent RBI too was far from what was needed for GoI to take action.
So, let us stop lamenting but do some conscience searching that we failed our own colleagues when we had enough powers when we were in position.