Govt puts bank staff PLI scheme on hold ahead of strike
The government has put on hold the performance-linked incentive (PLI) scheme for public sector bank staff, a decision that followed a meeting between Finance Minister Nirmala Sitharaman and a delegation of bank employees. Bank unions had announced a nationwide strike on September 11, another on September 28–30, and an indefinite strike from October 26.
Nabka Insight
PSB employee agitations and incentive schemes bear on banking-sector governance.
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- Govt put the performance-linked incentive (PLI) scheme for bank staff on hold.
- The decision followed FM Nirmala Sitharaman's meeting with a bank employees' delegation.
- Unions announced strikes on Sept 11, Sept 28–30 and an indefinite strike from Oct 26.
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