Bank employees wear masks as a precautionary measure after the coronavirus pandemic. (PTI / File)
“The Lok Sabha, at its recent session, passed three new labor laws by dismantling the 27 existing laws in the name of ‘Ease of Business’, which are purely in the interests of companies. In the process, 75 percent of workers are being pressured outside the orbit of labor laws as they will not have legal protection under the new enactment, “the AIBEA said in a statement.
- PTI Bombay
- Last update: November 25, 2020 6:37 PM IST
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The All India Bank Employees Association (AIBEA) said on Tuesday that it will join the one-day national strike on November 26 called by the central unions to protest against the government’s anti-labor policies. Ten central unions, except Bharatiya Mazdoor Sangh, will observe a nationwide general strike on November 26.
“The Lok Sabha, in its recent session, passed three new labor laws by dismantling the 27 existing laws in the name of ‘Ease of Business’, which are purely in the interests of businesses. In the process, 75 percent of workers are being pressured outside the orbits of labor laws as they will not have legal protection under the new enactment, “the AIBEA said in a statement. The association represents most of the banks, except the State Bank of India and the Indian Overseas Bank. It has four lakh bank employees from various former public and private sectors and some foreign banks as members.
In Maharashtra, around 30,000 bank employees from 10,000 bank branches of public sector banks, old generation private sector banks, regional rural banks and foreign banks are watching the strike, according to the statement. The union said that bank employees on November 26 will also focus on their demands, such as opposition to bank privatization, opposition to the outsourcing and contracting system, proper hiring, severe action against large companies in arrears, increase of the interest rate on bank deposits and the reduction of the service. charges.
“The current government is pushing forward its privatization agenda on behalf of ‘Aatmnirbhar Bharat’ and is resorting to large-scale privatization in the central sector of the economy that includes banking,” the statement read.
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