Kashmir Indepth

Wage cuts, termination of J&K Bank ATM guards huge injustice: Tarigami

Urges Bank management to pay them according to the Minimum Wage Act and nor terminate any employees arbitrarily
Srinagar, Nov 11 ( KINS): CPI (M) leader Mohammad Yousuf Tarigami Thursday said the decision of new company that has taken over the J&K Bank’s security to remove ATM guards and resort to wage cuts is a huge injustice with hundreds of these poor people, who have been doing their duties with dedication for years together.
Earlier, these ATM guards were reportedly paid Rs 7500 in hand as wages with additional Rs 1600 deducted as CP fund. However, they are now being paid only Rs 5500 as monthly salary, which is insufficient to make both ends meet in this era of high inflation.
Some of them are doing their jobs for last more than a decade and are only bread winners of their families. How will they feed their families, if they are terminated or their wages are cut?
The J&K Bank management must ask the security company which employs these guards to pay them according to the Minimum Wage Act and nor terminate any employees arbitrarily. Also the Labour Commissioner must intervene into this issue so that these poor workers don’t have to suffer further.( KINS)

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