Chennai, May 6: Over 10 lakh bankers in government and private banks will go on a two-day strike by the end of May if the government does not ask the Indian Banks Association (IBA) to make an improved offer, said a leader of the All India Bank Employees Association (AIBEA).

"It is a matter of shame that while thousands of crores of rupees are written off from profits towards bad loans of big corporates, the genuine demands of bank employees are being denied in this fashion," C.H. Venkatachalam, General Secretary, AIBEA, said on Sunday.

"If the Finance Ministry does not intervene to make the IBA to make their improved offer, it has been decide to call for a 48-hour continuous strike by end of this month," he said.

Wage revision talks between the United Forum of Bank Unions (UFBU) -- an umbrella body of bank unions -- and IBA representing various banks held in Mumbai on Saturday ended in a failure.

Venkatachalam said the IBA offered an increase of 2 per cent over the total wage bill of the banks as on March 31, 2017.

In the last 10th Bipartite Wage Settlement that was made effective from November 1, 2012, IBA had agreed for a hike of 15 per cent increase over the total wage bill.

The unions rejected the IBA offer of 2 per cent hike, Venkatachalam said.

While the government had asked the IBA to conclude the wage revision settlement before November 1, 2017, the latter has been delaying, Venkatachalam added.

Wage revision for bankers is due from November 1, 2017.

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Bengaluru (PTI): Karnataka Forest Minister Eshwar Khandre on Tuesday said a 7-km railway barricade has been approved for the Madikeri division and 20 km for the Nagarhole division in 2025–26 to curb human-elephant conflict in the regions.

Responding to a proposal raised by BJP MLC Suja Kushalappa during Zero Hour in the Legislative Council, he assured that work on the proposed railway barricades would begin soon.

Citing the death of a 17-year-old girl in an elephant attack on February 28 and that of a tribal woman on March 9 in the state, the minister said these deaths caused by elephant attacks were "extremely painful".

"Human life is very precious and cannot be valued in monetary terms. The Forest Department is taking all measures to prevent human-wildlife conflict."

The minister further said steps such as maintenance of elephant-proof trenches and solar-powered fencing were being undertaken, while two elephant task forces were currently in operation.

Orders have also been issued by the Chief Wildlife Warden to capture two rogue elephants.

In both cases, Rs 5 lakh compensation has already been disbursed to the families of the deceased, and the remaining Rs 15 lakh each will be provided within a week, he added.

Khandre said the government was making sincere efforts to find a permanent solution to the human–elephant conflict.