Conciliation meeting

In today's conciliation meeting CLC advised the IBA to call the unions for negotiations immediately and conduct the meetings fortnightly on regular basis to finalise wage revision at the earliest. IBA offered to hold the meeting on 17th. Further decision on the strike action depends on the outcome of the meeting. IBA has fixed the BP meeting on 17th at 11.30 at Mumbai. UFBU will meet at 8.30 on 17th before going to IBA mtg.