Nabard retired staff hold protests across country
February 22, 2021
Even after 40 years after its inception, the employees of the National Agricultural Bank for Rural Development (Nabard) complain of a pension anomaly that puts them in a disadvantageous position when compared to their peers in the Reserve Bank of India.
They compare their salaries, benefits and pension with that of the peers in the RBI because a large portion of its employees (3,000) were hired from the apex bank when the Nabard was conceived in 1981.
The pensions are not being revised on the implementation of new pay scale for the regular employees, keeping the pension slabs very low.