Negotiation took place today. IBA started the discussion from 13.5% in view of the strike call without improvement of any other issues. After protracted discussion,it was agreed that hike will be 15% in pay slip cost, 5 day week will be pursued, a small committee will be formed to work out on increasing load from 2,% & spl allowance merger. IBA to share data of pensioners with UFBU.
With this understanding the strike stands deferred and the UFBU agitation programme will be in abeyance.
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