Bank union strike latest news- United Forum of Bank Unions has announced a bank strike on 16th and 17th December. So if you have any important work, then do it first.
Bank Union Strike: There is news of work for bank customers. The employees of the government banks of the country will go on a two-day bank strike tomorrow and the day after tomorrow i.e. on 16 and 17 December. This information has been given by the United Forum of Bank Unions (UFBU). This strike is being done in protest against the privatization of banks.
Significantly, Finance Minister Nirmala Sitharaman had announced the privatization of two banks in her budget presented on 1 February 2021. After which the government has also started its preparation. It is being told that the government is preparing to introduce the Banking Laws (Amendment) Bill 2021 in the winter session of Parliament.
Bank strike on 16th and 17th December
The United Forum of Bank Unions (UFBU) has announced a strike for the privatization of banks. It is a joint forum of unions of nine public sector banks. UFBU has given a strike warning on 16th and 17th December.
State Bank of India (SBI) has appealed to its employees by tweeting from its Twitter handle. The bank has said that in view of the Corona epidemic, this strike of employees may cause great problems to the stakeholders. SBI has also sent an invitation to the bank unions for talks.
An appeal to all Bank Staff. pic.twitter.com/EZFGpfnK0a
— State Bank of India (@TheOfficialSBI) December 13, 2021
what is the reason for the strike
Significantly, the All India Bank Officers Confederation (AIBOC) had announced an agitation against the privatization of public sector banks. Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India were suggested by the main group of secretaries set up by the government on disinvestment.
What will happen to the employees after privatization?
According to media reports, before privatization, these banks can take attractive Voluntary Retirement Scheme (VRS) for their employees. That is, it is also a matter of concern for the employees.
Finance Minister’s statement
In the Lok Sabha, the Finance Minister has said that the budget for 2021-22 had to approve the policy of privatization of two public sector banks (PSBs) and strategic disinvestment of public sector enterprises during the year.
The consideration of various issues relating to disinvestment, including, inter alia, the selection of the bank, has been entrusted to a Cabinet Committee designated for the purpose. The decision in this regard has not been taken by the concerned cabinet committee for privatization of public sector banks.
Earlier IDBI Bank has become private
Let us tell you that in the year 1960, IDBI Bank was started under the name of Development Financial Institution. Later it was converted into IDBI Bank Bank. For this permission was given by the Parliament. All the nationalized banks in the country, all their work is controlled through parliamentary laws. As soon as these banks become private, the compulsion of Parliament ends.
