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Banks to strike work on May 21
May 17, 2003 16:24 IST
Banking operations will be hit for the second time this month on May 21 with employees owing allegiance to various unions going on strike to protest Centre's "anti-labour" policies.
In a statement in New Delhi, All India Bank Employees Association demanded that the government give up the moves to privatise the banks, saying, "It is fraught with danger as the corporate sector, keen to takeover, will not repay huge chunks of money they owe to the nationalised banks."
The strike will be in protest against amendments in labour laws, Bank Nationalisation Act and Banking Regulation Act, an official of All India Bank Officers' Confederation said.
Apart from the bank unions, the central trade unions and PSU employees' unions are expected to take part in the strike.
However, BMS-led National Organisation of Bank Workers and National Organisation of Bank Officers have refrained from joining the strike, saying it was politically motivated and was in no way related to the demands of bank employees' wage revision.
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Number of User Comments: 2
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Sub:
Banks to strike work on May 21
what is this again strike i think they are mad they just enjoy hoildays and they enjoy they think of new way of hoilday and ...
Posted by Arun Soni
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Sub: bank strike
the bank employees in nationalizes banks are lazy buffs.they r habituated to lazy working conditions.privatisation makes them work which they dont like,obviously they have to ...
Posted by ramchander
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