Herald: Bank strike on Feb 28
Herald News

Bank strike on Feb 28

17 Feb 2017 02:28am IST
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17 Feb 2017 02:28am IST

PANJIM: United Forum of Bank Unions (UBFC) has proposed to go on a day’s all India strike on February 28 opposing the government’s ‘retrograde anti-people banking/labour reforms’, the moves of the government infringing the ‘hard-earned trade union rights and the hazardous practice of outsourcing of permanent jobs’.


Team Herald


PANJIM: United Forum of Bank Unions (UBFC) has proposed to go on a day’s all India strike on February 28 opposing the government’s ‘retrograde anti-people banking/labour reforms’, the moves of the government infringing the ‘hard-earned trade union rights and the hazardous practice of outsourcing of permanent jobs’.

“The Unions in the banking industry have been fighting for more than two decades against the reform measures of the government as these are against the interests of general public and labour force. In the name of reform measures, every effort is being made by since 1991 to shift the control of public sector entities to the private and foreign investors” union General Secretary A M Pereira said.

“In order to create a conducive environment to the private and foreign investors, further efforts are being made by the government to amend the labour laws to suit their needs. In the banking sector also, there are increasing instances of denial of trade union rights viz right of representation in the boards of the banks and every effort is being made to outsource the permanent jobs, in the banking industry too, which is fraught with risks,” he said

Pereira further said that the implementation of demonetisation and the effects of the same are known to everyone. The role and the performance of bank employees during the implementation period was appreciated but the eligible compensation to employees as per bipartite provisions for the extra hours of work performed by them was denied.

UBFC said that several issues pertaining to bank employees and officers, such as appointment of workmen/officer employee directors in the boards etc are yet to be resolved.

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