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Separate pay-scales for BB, 3 SCBs to be finalised by Mar
Nazmul Ahsan Finance Minister AMA Muhith has instructed the Cabinet Division to finalise soon the proposals for separate paystructures for the Bangladesh Bank (BB) and the three state-owned commercial banks (SCBs) -- Sonali, Janata and Agrani Bank Ltd. The proposed pay-scales will be prepared in accordance with the guidelines that were earlier approved by Prime Minister (PM) Sheikh Hasina for the purpose. The Division will complete the task by next one month, a senior official said. Cabinet Division Secretary Mosharraf Hossain Bhuiyan is the convener of an eight-member secretary committee formed for the purpose of making final recommendations for separate pay structures for the BB and SCBs. The Cabinet Division, in an office order, issued on Monday, said, the proposals for separate pay scales would be ready within the next 30 days. "It is the instruction of the Finance Minister to finalise soon the proposals of separate pay scales," a senior official in the Finance Division told the FE on Tuesday. "We are going ahead on full steam to complete the task by next one month." Mr Muhith, in his letter to the Cabinet Division, also forwarded a draft of pay structures for the central and SCBs' staffs. He said the new salary and perks for the bankers concerned must be market-based and attractive. The Finance Minister in his official note said the separate pay-scales would be different from those of the government officials and these would be market-based and competitive. The existing salaries and other perks of the staff concerned would not be affected when the separate scales would come into effect. Officials in the Bank and Financial Institution Division under the Ministry of Finance (MoF) said they had also urged the Cabinet Division to hasten the process of finalising separate pay scales as the issue has long been put on hold due to bureaucratic hassles. "We have submitted our proposals, along with the letter of Mr Muhith to the Cabinet Division for necessary action," an official of the MoF told the FE. A section of the MoF officials are alleged to have followed a dilatory approach to completing the process for finalising separate pay scales. Earlier, the Prime Minister approved the guidelines for the central bankers and the members of the staff at SCBs. Besides attractive and market-based package, the guidelines said no lunch or other entertainment allowances will be considered. Maintenance for houses will be included in the head of house allowance. Conveyance and entertainment allowances will be given to all concerned. Health allowance will include expenses for medicine and education allowance will be limited to only two children up to the age of 21 in the case with lower level staff. Currently, nearly 90,000 employees are employed in all SCBs, while about 6,000 are with the BB, an MoF official said. The MoF officials, who are opposed to separate scales, said the BB has to be excluded from the Government Service (Reconstitution and Conditions) Act, 1975, before the introduction of the separate pay scales for its officers and members of the staff.
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