Nationwide Strike Causes Loss, Rs. 100 crore Transactions Stuck in Udaipur Banks
Effect of nationwide strike incurred a large loss of business in Udaipur on its first day of the two–day strike; strike was supported by Trade and Labour Unions, including INTUC, BMS, ATUC and other unions, Banks, Post Offices; Industries and Transport remained out of service for the whole day, against Central Government’s sanction to Foreign Direct Investment (FDI) laws in the Parliament.
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Effect of nationwide strike incurred a large loss of business in Udaipur on its first day of the two–day strike; strike was supported by Trade and Labour Unions, including INTUC, BMS, ATUC and other unions, Banks, Post Offices; Industries and Transport remained out of service for the whole day, against Central Government’s sanction to Foreign Direct Investment (FDI) laws in the Parliament.
In Udaipur the adverse effects of strike against FDI laws passed by Central Government included halting of 9500 Drafts and Cheques worth Rs.100 crore; whereas in Transport sector, around 416 buses of various routes to nearby villages and districts stood still.
All private and nationalised banks, along with central clearance house remained closed effecting routine banking procedures, while bank workers and officials collectively demonstrated in front of the Collectorate appealing to withdraw amendments to banking laws and privatization of sector. Forcible shut down of Banks was witnessed in various parts of city.
On the other hand, at the Central Bus Stand of State Transport Udaipur around 416 buses remained stationery at the depot, affecting smooth traveling of passengers from nearby districts and villages. I. M. Khan, Manager of RSTC Udaipur informed that on very first day a loss of around Rs. 12 lacs was recorded as all the buses of all the routes were cancelled due to strike.
“This is a movement against unfriendly labour laws being promoted by Central Government”, said Jagdish Raj Sharma, National Secretary, INTUC.
“After passing of FDI in the Country around 1.20 lac retailers will be adversely affected and employment of more than 4 crore individuals will be lifted permanently”, said P. S. Khichi, Coordinator, Central Labour Organisation.
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