Central Government Employees Common demands included in the Memorandum

Pre Budget Meeting with Unions

    

           Several Trade Unions, including CITU, AITUC, INTUC, HMS and BMS, in a joint memorandum to  Shri Chidambaram Hon'able Minster for Finance demanded 

*          Unions pitch for hiking I-T exemption limit to Rs 5 lakh/annum

 *         Trade unions today demanded 12% interest on PF contributions of employees    

      

  *        The unions have also asked the government not to raise FDI cap in financial  

             sectors like insurance and banking. 

 *         Other proposals made in the joint memorandum include taking effective 

             measures to arrest the spiralling price rise, ban speculative forward 
             trading in  commodities, massive investment in the infrastructure to 
             stimulate the  economy.

 *         The trade unions also sought minimum wage be guaranteed to all workers, 

            special allocation for creation of a Welfare Fund for protecting the interest of 

             unorganised workers and raising minimum wages to Rs 10,000 per month.

* Constitution of the seventh Pay Commission be announced in 
    the Budget