2-Day Bank Strike Will Cripple India Again; 14 Crore Trade Union Members Expected To Protest Against PM Modi

This will be 2019's 1st Bank strike

Trade Unions protest against PM Modi and Govt.
Trade Unions protest against PM Modi and Govt. (Image source: http://www.aicctu.org/)

As if saying Happy New Year to entire India, Public Sector Bank employees have once again opted to strike, and disrupt normal workings in India.

A massive strike has been announced by major Trade Unions, across India on January 8-9, 2019.

How will you be affected?

Bank Strike On January 8th, 9th

10 major trade unions having deep root penetration across factories, offices, industries across India have declared a massive strike against PM Modi led BJP Govt.

These 10 trade unions are INTUC, AITUC, HMS, CITU, AIUTUC, AICCTU, UTUC, TUCC, LPF and SEWA; and the reason for this strike is ‘anti-people’ policies of the Central Govt.

We tried to check the websites of these trade unions and found pretty aggressive content, and thoughts, directed against the present Govt.

Majority of these trade unions are backed by the Communist Party of India and Communist Party of India (Marxist)

It is expected that 13-14 crore members of these traded unions will strike.

CITU Kerala state president Anathalavattom Anandan said, “In the two-day national bandh of 2013, around 13-14 crore workers took part. This year, with employees from state and Central governments, along with various other sectors, the number is going to be more than that,”

PSU Bank Employees Will Support Strike

As per information coming in from major PSU or Public Sector Banks, their employees associated with some of these trade unions have announced support for this strike.

Two of the biggest PSU employee’s union: The All India Bank Employees Association (AIBEA) and Bank Employees Federation of India (BEFI) have announced support to this strike.

Allahabad Bank, Bank of Baroda and some other banks have assured that they will try not to disrupt normal banking operations, but have also warned that strike can pose some problems.

In their regular Stock Exchange filing, Allahabad Bank said, “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(s), in the event the strike materialises,”

Bank of Baroda issued a statement: “in the event of AlBEA and BEFI proceeding on strike on January 8-9, 2019, the functioning of bank’s branches/offices in some of the zones may be affected”

It is feared that even private bank employees can take part in the strike.

Karur Vysya Bank, which is a private bank, said that if the strike call materialises, “the workmen of our bank may take part in the proposed strike on the said date, in which occasion the normal working of the branches/offices of the Bank may get affected during the day”.

Last year ended with a massive bank strike, wherein more than 10 lakh employees took part, and crippled banking operations for 5 days.

We will keep you updated, as more details come in.

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