• Thursday, Aug 13, 2020
  • Last Update : 11:11 am

Secretaries’ committee submits recommendation to finance minister

  • Published at 08:34 pm November 5th, 2013
Secretaries’ committee submits recommendation to finance minister

The committee of secretaries on Tuesday submitted recommendations to the finance minister regarding a separate pay scale for the employees of the Bangladesh and the four other state-owned commercial banks.

Sources said after the finance minister has given his consent, the recommendations would to the prime minister.

The employees of these banks, however, have been strongly opposing the proposal for separate pay scale saying the general pay scale for the government employees is better for them.

An official of the banking division of the finance ministry said: “Most employees of the state-owned commercial banks Sonali, Janata, Agrani and Rupali and the Bangladesh Bank expressed fears that they would not be able to take enough money back home, resulting in a fall in their living standards. Because under the separate pay scale, they would have to pay income taxes and there would not be some of the key bonuses and allowances.”

Finance Minister AMA Muhith on Tuesday said the government would simultaneously implement the national pay scale for government employees and the separate one for the government banks.

Dr Aslam Alam, secretary of the finance ministry’s Bank and Financial Institutions Division, told Dhaka Tribune: “Implementing the separate pay scale will take time because of two reasons: firstly, most of the employees of Bangladesh Bank and the state owned commercial banks are opposing the move as they want to stay under the purview of the national pay scale.

“Secondly, the Bangladesh Bank is currently under the national pay scale. It will have to come out of that for enabling the implementation of the separate pay scale.

“I have talked to the employees of the state-owned commercial banks and the Bangladesh Bank. They have told me that they were wondering why the government was thinking about implementing a separate pay scale hastily.”

He added that the implementation would not be very easy because the proposed separate pay scale had some issues that needed to be solved.

The committee of secretaries, headed by Cabinet Secretary Musharraf Hossain Bhuiyan, last month decided that the employees of the government banks would have to pay income taxes and their salaries would rise by Tk2,000.

However, the finance minister had hinted before that the government bank stuffs would get a much bigger hike.

At present, the four government commercial banks have 90,000 employees, while the central bank employs about 6,000, sources said.

50
50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail