Srinagar: CPI (M) leader Mohammad Yousuf Tarigami Thursday said the decision of new company that has taken over the J&K Bank’s security to remove ATM guards and resort to wage cuts is a huge injustice with hundreds of these poor people, who have been doing their duties with dedication for years together.

In a statement issued here, he said, “Earlier, these ATM guards were reportedly paid Rs 7500 in hand as wages with additional Rs 1600 deducted as CP fund. However, they are now being paid only Rs 5500 as monthly salary, which is insufficient to make both ends meet in this era of high inflation.”

He said that some of them are doing their jobs for last more than a decade and are only bread winners of their families. How will they feed their families, if they are terminated or their wages are cut?

“The J&K Bank management must ask the security company which employs these guards to pay them according to the Minimum Wage Act and nor terminate any employees arbitrarily,” the statement read.

Urging the Labour Commissioner to intervene in the matter, he said, “Labour Commissioner must intervene in this issue so that poor workers don’t have to suffer further.”



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