Wednesday, February 8, 2017

Bank unions call for strike on February 28

‘Banks incurred huge costs incurred on
demonetisation, Jan Dhan & Aadhaar’

Coimbatore, February 7:  The United Forum of Bank Unions (UFBU) has given a call to its members to strike work on February 28.

The strike call, according to Thomas Franco, UFBU Convener and Senior Vice-President of the All India Bank Officers’ Confederation (AIBOC), is to voice their displeasure over the government’s indifference to their issues, which they contend “have accumulated and remain unaddressed.”

Alleging the government of remaining deaf to their plea even while they had stood by the government on different issues — be it handling the pain of demonetisation, implementing government schemes or opening Jan-Dhan accounts — the UFBU, represented by nine trade unions, said that “the government’s indifference had forced the employees and officers of various banks to take this extreme step.”

“We are on a war path after demonetisation,” he said, sharing a copy of the union’s 12-point charter of demands.

Demanding compensation for the losses due to Jan Dhan and demonetisation, Franco said banks incurred huge costs on account of opening 25 crore Jan-Dhan accounts, linking Aadhaar and providing RuPay cards.

“Demonetisation further added to the expenditure in various ways such as towards transit of withdrawn currency, security, disruption in regular banking activities and so on.”

Much of the issues were oft-repeated ones such as the demand to halt privatisation of public sector banks; amendment to the Gratuity Act so as to make gratuity uniform for all (Central government employees and those in the banking sector); appointment of employee director and officer director in public sector banks; recruitment; recoveries from wilful defaulters; and a stop to outsourcing of core banking business.

The UFBU Convener also insisted on the need for initiating immediate discussion on wage revision.

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