FAULTY SATTLEMENT ?

It is being publicized that bank employees got a very good wage hike but the following facts speak adversely:
Comparative salary for April, 2010 payable to govt. employees as per VIth Pay Commission and to bank employees as proposed under 9th Bipartite Settlement between Bank Unions and IBA (Amt. in Rs.)

Clerk, Govt, Clerk, Bank, Group D, Govt, Sub-staff, bank.
Basic Pay- 8370/ 6200/ 5530/ 5500/
Grade Pay- 2800/ Nil 1800/ Nil
Special Pay- Nil 1000/ Nil 350/
Dear. All- 3910 (35%) 2646(36.75%) 2566(35%) 2150(36.75%)
H.R.A.- 3351 (30%) 720 (10%) 2199(30%) 585(10%)
C.C.A.- Nil/ Surrender Nil / Surrender
Edu. All - Rs.1000 x 2, (2 child max) Rs.2000/ Nil 2000/ Nil
Trans Allow- 2160 (1600+35% DA) 225/ 810 (600+35% DA) 225/
Gross Monthly salary -22591/ 10791/ 14905/ 8810/

Officers are also VICTIM in this SATTLEMENT.

It is evident from the abovementioned chart that bank employees are getting almost half of salaries being paid to their counterparts in govt. dept. It is also not out of place to mention that many public sector undertaking are even paying more to their employees than govt. employees. It is more painful employees that a bank officer is being paid less than a clerk of govt. and a clerk of bank is being paid less than a group D (peon) employee of central govt. What to talk of a sub-staff (4th class) in banks.