1. Salaries in PSU Banks increased by 15%
i. Employee
unions of public sector banks withdrew their strike call following an
agreement with the management on 15 per cent wage hike.
ii. The bank unions had threatened to go on 4-day nation-wide
strike from February 25 demanding 19 per cent hike in wages. The wage
hike was due from November 2012.
iii. The bank employees will now also get holidays on two
Saturdays in a month. The banks, however, will work full-day on
remaining Saturdays instead of the current practice of half-day.
2. Land acquisition amendment bill introduced in LS
i. The government introduced the land acquisition ame
