The All India Bank Employees’ Association (AIBEA) has declared a nationwide strike on 26th November. The AIBEA is joining the central trade unions against government’s anti-labour policies.

There are 10 central trade unions which declared this strike. The focus is on demands like opposition to bank privatisation, opposition to outsourcing and contract system, adequate recruitment and even more.

The AIBEA in a release said, “Lok Sabha in its recently held session has passed three new labour enactments by dismantling existing 27 enactments in the name of ‘Ease of Business’, which are purely in the interest of corporates. In the process, 75 per cent of workers are being pushed out of the orbits of labour laws since they will have no legal protection under the new enactment.”

The association has 4 lakh bank employees from various public sectors and old private sectors and also a few foreign banks as members. It does not represent State bank of India and Indian Overseas bank.

The union said that the focus will be on demands like opposition of privatisation of banks, outsourcing and contract systems, adequate recruitments, strict action against corporate defaulters, increase in rate of interest of bank deposits and reduction in service charges.

The release also said, “The present government is pushing its agenda of privatisation in the name of ‘Aatmnirbhar Bharat’, and is resorting to large scale privatisation in core sector of the economy which includes banking.” 

(media reports)