the aegis of the United Forum of Reserve Bank Officers and Employees a Seminar was organized at “Yavanika” on the 16th instant. Luminaries from the academic, political and trade
union circles addressed the Seminar.
Seminar was presided over by Shri. A.Govindaswamy, Secretary, All India Reserve Bank Employees Association. In his address,
Shri Govindaswamy said that the RBI employees were not fighting for wages or career progression now. He told the audience
that the Standing Committee on Finance has invited the leaders of RBI trade unions to discuss the matter threadbare.
Seminar was declared open by Shri. VJK. Nair, Gen. Sec. CITU, State unit.
his inaugural address Shri. Nair lamented on the lack of Corporate Social responsibility
of the present so called big business houses while highlighting the Corporate Social responsibility exhibited by the Public
Sector Undertakings in Bangalore at the advent of industrialization after Independence. While praising the move of the RBI
employees, he stressed the need to resurrect and re-establish our Constitution.
key note address was delivered by Prof. Venkatesh Athreya, Head of the Department of Economics, Bharathidasan University and
Programme Director, M.S. Swaminathan Research Foundation.
is address Prof. Athreya outlined the shift of Indian economy from one of Socialistic economy, which served the majority to
the present, which is dominated by a minority moneyed people. He quoted extensively from the RBI Annual Report to substantiate that the country was slowly being taken control over by Finance Capital flowing from the
developed countries which are flush with funds and seek investment avenues in third world countries.
Sriram Reddy, M.L.A spoke about the importance of the Agrarian sector and the Govts’ indifference towards the farmers.He
advised the working class to think beyond Trade union activity and analyse the political structure and strive to change it.
V.S. Mahadik, Gen. Sec All India Reserve Bank Workers’ Federation expressed his happiness over the coming together of
all the RBI staff irrespective of cadre and said that the present fight was not against RBI but against the enemies of India.
Satish A.Sawant, General Secretary, All India Reserve Bank Officers’ Association stressed on the need of unity amongst all
and exhorted all to strengthen the United Forum of Reserve Bank Employees & Officers Association.
Shri. Sylvester D’Souza, Secretary, RBEA welcomed the gathering while Shri
RV Lakshmiratan, Secretary, AIRBOA, Bangalore unit proposed the vote of thanks.