Bank unions target labour reforms, threaten strike on Sept 2

Bank unions target labour reforms, threaten strike on Sept 2

FPJ BureauUpdated: Saturday, June 01, 2019, 12:20 AM IST
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Rajkot : The All-India Bank Employees Association (AIBEA) today threatened a nation-wide strike call on September 2 to protest against the proposed labour law reforms. This is the second all-India bank strike in as many months.       “AIBEA has given a strike call to all bank employees to observe a nation-wide strike on September 2 to protest against the proposed amendments to labour laws, which are detrimental to workers,” AIBEA general secretary CH Venkatachalam said.

“Some 5 lakh workers and employees of the banking sector, including co-operatives, private and foreign banks, will join the strike.” Venkatachalam is of the view that the proposed amendments in labour laws will favour capitalists and employers.

“There are so many labour laws like the Provident Fund Act, the Minimum Wages Act, and now the government wants to bring a comprehensive Bill by amending all these laws, which will affect trade unions and workers and benefit only the management,” he said. He said bank employees will hold demonstrations against the proposed reforms in the banking sector. “July 19 is the 46th anniversary of bank nationalisation and from July 20, bank workers would hold demonstrations against banking sector reforms,” he said.

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