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Home»NEWS»Bank Union finds new way to stop privatisation, asking customers to reach their opinion
NEWS

Bank Union finds new way to stop privatisation, asking customers to reach their opinion

Bhagyashree SoniBy Bhagyashree SoniApril 4, 2021No Comments2 Mins Read
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Bank Union finds new way to stop privatisation, asking customers to reach their opinion
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In the AIBEA General Council meeting, all bank unions have been asked to intensify the protest against privatization across the country.

The bank union has decided to intensify the protest.

On the one hand, the government is moving fast towards privatization, on the other hand, the bank unions are ready to take an aggressive stand against it. According to the report published in Mint, the bank unions are preparing to go on strike for a long time in protest against privatization. The All India Bank Employees Association (AIBEA) met on Sunday to protest against privatization. In this meeting, the bank union has decided to intensify the protest.

In the AIBEA General Council meeting, all bank unions have been asked to intensify the protest against privatization across the country. Earlier, on March 15 and 16, bank employees protested against privatization, in which 10 lakh bank employees participated. While presenting the budget on 1 February 2021, Finance Minister Nirmala Sitharaman had announced the privatization of two public sector banks and one insurance sector companies.

Loss of thousands of crores in one day strike

In protest against privatization, bank employees are now talking to customers and public too in this regard. According to the statement issued by the bank union regarding today’s meeting, the government bank gives a permanent job to the youth. Jobs in private banks will not be safe. Apart from this, salary is also less. The concept of trade union will be over, which will violate the rights of employees. Bank’s strike causes a lot of damage to the country’s economy. On the first day (March 15) of the strike that took place in the month of March, a transaction of about Rs 16500 crore was affected.

Also read, Pakistan is falling in the circle of politics, why is not buying cheap sugar from India?

Also read, 1 crore Gas Connections are going to be distributed this year for free, thus benefit from the scheme

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Bhagyashree Soni
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Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

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