Sunday, March 28, 2010

Subscription By the UNION Members Of the Banks.

(A) Contribution by Officers :
One estimates says that there are TWO LACS SEVENTY FIVE THOUSAND OFFICERS and on an average they are paying subscriptions @ Rs.100. Thus, total monthly contribution by members / collection by unions is to the tune Rs. 2,75,00,000 (i.e. Rs. 275 Crores). (This is based on simple calculation 2,75,000 x Rs.100).
Thus yearly contribution of Rs.33,00,00,000/- (i.e. Rs. 33 crores)
(B) Contribution by Workman Staff :
Estimates indicate that there are about FOUR LACS SEVENTY SEVEN workmen staff and they are paying subscriptions @ Rs.20 (Average). Thus total monthly ccontribution by members / collection by unions is to the tune of Rs.95,40,000 (Rs.95.40 Lacs). (Again it is a simple calculation 4,77,000 x Rs.20). Thus yearly contribution is Rs.95,40,000/-
(C) Total Contribution By Officers and Workman Staff Towards Union Subscription :
Thus, union leaders are enjoying contribution of Rs.33,95,40,000/- (Rs. Thirty Three Crores and Ninty Five Lacs Fourty Thousand) per year.
(Membership Number Updated, Source: AIBEA Circular Dated:27.04.2010)

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