Nabard employees to join general strike on Feb 28

Employees of the National Bank for Agriculture and Rural Development (Nabard) have decided to join the general strike on February 28.

The central committee of the All-India Nabard Employees Association (AINBEA) that met in Mumbai opposed the bid to reposition Nabard ‘against farmer interests.'

This repositioning is sought to be done as per the recommendations of the Boston Consultancy Group, says Mr Jose T. Abraham, Vice-President, AINBEA.

The repositioning will force Nabard to take up direct lending, which will jack up interest rates of loans provided to farmers.

Recruitment process

AINBEA is also strongly opposed to the decision to scrap the recruitment process initiated for Group “B” staff, for which a recruitment test was conducted.

Candidates belonging to SC/ST/OBC categories were even given coaching for the same.

The union has also taken exception to centralise operations at the Mumbai head-office and outsourcing/contracting of regular jobs.

vinson@thehindu.co.in