updating pension – Is it a response at political level?

The   circular issued by UFRBO&E on 26the march 2014 after  meeting with Governor and other officials of the Bank, reports  the Governor as having said:
“Govt’s response flows from ‘political‘ level and their
original stand has been modified by Bank‘s and his interactions“

As per the modifications  “(Govt.)concede the power of the RBI Central Board to revise pay and allowances of RBI staff and also to “review” and “revise” the compensation for RBI employees

every five years if there is “gross misalignment” with “financial markets“, “as per law” and “in consultation with the Government”

DG(KCC) said “that unions could always fight if they felt that their interests were affected and suggested that we could make the “best of the opportunity““

UFRBOE ,it is stated in the circular,would not accept anything that affects the immediate and long term interests of employees