House Rent Allowance

11th Bipartite

In view of the fact that nearly 60% of officers have been staying in leased houses /
flats of banks, increase in the percentage of H.R.A. will not extend them any
benefit of salary increase, on the contrary they will have to suffer more loss for the
same leased house / flat. Hence, existing percentage of HRA should be retained
without any change and thus, lesser amount of allocation towards HRA out of total
amount to be allotted for wage revision can be diverted in other areas where from
all officers can be benefitted. Alternatively, self leasing of own houses should be
permitted to avoid the huge disparity under the present dispensation of capital
cost.

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