RBI staff march in protest against outsourcing | india | Hindustan Times
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RBI staff march in protest against outsourcing

india Updated: Jul 28, 2006 15:15 IST

RBI employees on Friday took out a march to the Parliament to protest the Government's proposed move to outsource cheque clearing system and to press for pension-related demands.

Left parties stopped employees at Jantar Mantar and assured them of raising their concerns in the Parliament, particularly over outsourcing of cheque clearing system.

The march coincided with a strike by public sector banks employees against outsourcing and to press for pension as an additional option.

However, the march has not affected the functioning of the Reserve Bank unlike it happened in the strike called by PSU banks employees.

But, if RBI employees' demands are not met, they would strike work next month, United Forum of Reserve Bank Officers and Employees General Secretary Samir Ghosh said.

CPI(M) Politburo member Brinda Karat said cheque that the clearing system was being outsourced to a private party despite it being efficiently managed by the RBI.

Abini Roy of the Revolutionary Socialist Party said that the time had come to think of withdrawing support to the UPA Government if it continues with "anti-people's" economic policies.

He, however, hastened to add that his party just has three MPs and even if they withdraw support, the government would survive.