Banking facilities are expected disrupted on January 8-9 due to nationwide strike

Banking facilities are expected disrupted on January 8-9 due to nationwide strike: Banking facilities are to be expected disrupted on coming Tuesday and Wednesday that is on 8th and 9th January 2019 as a huge segment of PSU bank workers are projected to go on a two day strike to back a national protest which is called by ten central trade unions.

This strike has been called in order to protest in contradiction of the government’s apparent anti-worker programme. A lot of public sector banks as well as the IDBI Bank declared in their stock exchange filing that the banking tasks are expected to be interrupted in circumstances if staffs join the strike.

By this time, the All India Bank Employees Association (AIBEA) as well as the Bank Employees Federation of India has previously informed the national strike on 8th and 9th January 2019 to Indian Banks Association (IBA).

Likewise, Allahabad Bank too said that the concerns and demands are of industry stage, suggesting that if staffs take part in the strike then the banks facilities will be affected.

It stated, “Therefore, if the strike takes place, the functioning of branches of the bank may be affected. The bank is taking all the necessary steps in terms of the existing guidelines for smooth functioning of bank’s branches/offices on the day of strike, in the event the strike materialises.”

Various central trade unions such as HMS, INTUC, AIUTUC, AITUC, CITU, AICCTU, UTUC, LPF and SEWA had previously designated numerous policies of the administration as anti-people and there are great probabilities that public bank facilities will get hit tomorrow.

An additional public sector bank, Bank of Baroda, said that in the occasion of AlBEA and BEFI taking place on strike on 8 and 9 January 2019, the operational work of bank’s branches or offices in certain of the regions may possibly get affected.

However, there are also some private sector banks that fear that tomorrow their workers will participate in the strike in order to backing the demands and standard functioning at such banks may perhaps also be affected.

Similarly, in previous year of December 2018 the same strike took place twice which affected the banking services. In the national strikes which were held on 26th December 2018, around 10 lakh bank employees took part in the strikes.

Here is the list of all points you need to know about the agreement of demands, so let’s have a look:

  • Crucial actions and procedure for enclosing price-rise through universalization of public circulation structure and prohibiting hypothetical trade in product market.
  • Stopping disinvestment in central/state PSUs and any deliberate trade.
  • World-wide social safety protection for all workforces.
  • Discontinue pro-employer labour law revisions.
  • Enclosing unemployment through solid actions for service generation.
  • Not any FDI in railways, insurance as well as defence.
  • Least possible wages should not be less than Rs 18,000 per month with necessities of indexation.
  • Stopping contractorization in stable persistent work and payment of similar wage and profits for agreement workforces as consistent employees for alike and similar work.
  • Elimination of all upper limits on payment and entitlement of additional benefit, provident fund.
  • Guaranteed improved pension which should not be less than Rs 3,000 per month for the complete employed people at public banks.
  • Severe implementation of all elementary labour laws deprived of any exclusion or release and strict disciplinary dealings for destruction of labour laws.