Business Desk, Amar Ujala, New Delhi
Updated Wed, 25 Nov 2020 11:18 AM IST
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Hence the strike
AIBA, a representative of nearly four lakh bank employees in the case, said that during the recent session, a new labor law has been passed in the Lok Sabha in the name of ease of doing business, replacing 27 existing labor laws, which is entirely in the interest of the corporate. In the process, 75 percent of the employees have been taken out of the purview of labor laws by stripping them of legal protection under the new provision. The new laws will not provide any protection to these workers. The present government is promoting its agenda of privatization in the name of self-reliant India and by resorting to it, is privatizing extensively in the core sector of the economy, including the bank.
30,000 employees will join the strike
AIBEA represents most banks except State Bank of India (SBI) and Indian Overseas Bank. Around 30,000 employees of public sector banks, old generation private sector banks and foreign banks in Maharashtra will join the strike.
21 thousand branches will remain closed
The banking industry will also participate in the nationwide strike against the alleged anti-people, anti-farmer and anti-national policies of the central government of a common platform of the top ten labor unions representing crores of employees and workers working across the country. It is known that all the states in the country have one or more rural banks. The total number of them is 43. It has one lakh officers and all kinds of employees working in about 21,000 branches.