Banks throughout the country to go on strike on 11th December
Posted on: 30/Nov/2015 3:01:30 PM
As the All India Bank Officers Federation has called for a total strike on 11th December, it is expected that the entire banking activities would come to a stand-still on that day.
The strike is intended to be a protest against the recent trend of encouraging private banking sector and also the failure to correct the irregularities in the recent wage revision agreement.
Mr. Thomas Bronco, the senior Vice-president of the All India Bank Officers Federation, explained that the wage revision agreement for the bank employees was cleared last March. During that period, it was informed that a separate agreement will be signed regarding issues like pension and disciplinary action on employees. Even though several reminder letters have been sent to All India Banking Federation to resolve this issue, no discussions have taken place so far.
Further, the central government has taken a decision to reduce the government`s share in all nationalized banks to 52%. This is considered to be a step towards gradual increase of privatization of banks.
A lot of persons have retired after service in the last 3 years. Hence, there is a severe shortage of staff in the banks. However, the banks have not taken any action so far to appoint new employees.
As a demand to solve the above grievances at the earliest, a decision was taken to observe a 1-day strike on 11th December. Accordingly, a notice has been given to the All India Banks federation about the 1-day strike.
