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Peeved over anti-labour reforms, bankers to go on all-India strike on Sept 2

Employees and officers working public sector banks, private banks, foreign banks, regional rural banks and co-operative banks will join the strike.

File Pix : A deserted Bank during a strike call

Upset over the Central government’s economic polices and anti-labour reform measures, nearly five lakh bankers will go on strike on September 2.  This was announced by the All-India Bank Employees’ Association (AIBEA) in a statement. The AIBEA said the call for the national general strike was taken at National Trade Union Convention organised by the central trade unions.

“In the name of ‘cleaning Balance Sheets’, all these huge bad loans are sought to be taken out of public glare to silently write them off. On an average about Rs 50,000 crore of bad loans are being written off per year,” C.H.Venkatachalam, general secretary, AIBEA said in the statement.

He said while public sector banks are sought to be merged on the plea that they are small and hence not viable, private corporates on the other hand are being given licence to start small banks.

According to Venkatachalam, the Central government is amending laws giving unfettered rights to corporate to hire and fire workers and stripping workers of their trade union rights.

Employees and officers working public sector banks, private banks, foreign banks, regional rural banks and co-operative banks will join the strike.

IANS

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