Authorities stepped up surveillance and enforced restrictions across Noida after recent unrest, even as workers resumed duties and an interim wage increase was rolled out to ease tensions.
Despite a significant wage revision in Uttar Pradesh, workers in Noida remain on protest, highlighting deeper tensions between labour demands and industry pressures across the NCR region.
The wage hike move will result in an additional yearly outgo of around Rs 8,284 crore for public sector banks. As many as 8 lakh bank employees are set to benefit from the wage hike, which will be effective from November 2022.
The AIIEA had submitted a charter demanding 40 per cent wage hike. In the last wage agreement, the hike given was 25 per cent on average.
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