SBI unions to abstain from today?s strike | india | Hindustan Times
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SBI unions to abstain from today?s strike

india Updated: Dec 14, 2006 10:54 IST

THE VARIOUS staff unions of the State Bank of India (SBI) have decided not to participate in the Thursday’s strike call given by the All India Bank Employees Association and Bank Employees Federation of India in the state capital.

“The SBI Unions are non political entities and tomorrow’s strike is being supported by the trade unions affiliated to the left parties in the country,” stated Anil Srivastava, Convenor of the United Forum of Bank Unions (UFBU) Uttar Pradesh Unit.

He said that SBI employees and officers would “support” the demands of  other bank unions but not participate in the strike. “All SBI branches in the Lucknow Circle would remain open tomorrow,” Srivastava said.

The staff unions of the Indian Overseas Bank (IOB) which were a part of the SBI unions would also not participate in the strike, he said.

A spokesman of the UP Bank Employees Union said that the strike had been called to oppose the central government’s policies on privatisation of banks, acquisitions, mergers and outsourcing activities in the banking industry. The employees are also demanding fresh recruitment of manpower, appointment on compassionate grounds and stringent measures for the recovery of bad debts by banks.

Meanwhile, the members of  General Insurance Employees Association comprising the unions of all the public sector general insurance companies had decided to join the strike. The employees of the Lucknow Municipal Corporation and Lucknow Jal Sansthan under the banner of  Uttar Pradesh Nagar Nigam Karmachari Mahasangh  and Uttar Pradesh Jal Sansthan Karmachari Mahasangh also decided to proceed on a day-long strike on Thursday to protest against the privatisation of pension scheme in the country.