Strike in Kerala Called Off

Jan 14 2013
Thiruvananthapuram

The six-day-old strike by pro-Left employees and teachers in Kerala against the Government’s decision to introduce the Contributory Pension Scheme has been called off with the unions accepting some proposals made by Chief Minister Oommen Chandy.

This was followed by a meeting of union leaders and Chief Minister Oommen Chandy past midnight and the union leaders announced the decision to end the strike in the wee hours today. The Government agreed that the Centre would be asked to include the State treasury in the list of financial institutions for administering the pension fund.

Well before the strike started on January 8, the Government had firmly ruled out withdrawal of its decision to bring in CPS holding that the State could no longer afford Statutory Pension Scheme as over 80 per cent of its revenue was spent on payment of salary and pension.

Source– http://www.thehindubusinessline.com/news/states/left-unions-call-off-staff-stir-in-kerala/article4306600.ece

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