Banker, others to hold strike tomorrow against rising prices

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Mumbai, Aug 19 (UNI) Thousands of workers in public sector units and all India based unions and federatons including the foreign and nationalised banks, will hold a rally at the Azad Maidan here tomorrow as part of the nationwide protest against the skyrocketing prices of commodities and other related issues.

The National Convention of Central Trade Unions had given the call for the nationwide strike tomorrow.

They will take out a massive 'morcha' at all the centres across the country.

The National Convention of Central Trade Unions and other federations, held in Delhi on May 13 this year, had adopted a declaration against the rising prices and other related issues.

The aggressive stand of the Government was visibly experienced after July 22, the day of vote of confidence, which gave the present government to bulldoze the financial sector reforms, kept at the backburner for the last nearly five years, a release by the AIBOA and AIBEA said.

During the interim period, the bill on ''Pension Regulatory Authority'' had been also pursued. On August 13, the notification on acquisition of the State Bank of Saurashtra by the State Bank of India was also issued by the Centre, sending the signal of merger of associate Banks with the SBI, the release said.

Earlier, the convention had noted that the Government was once again taking up the issue of Labour Law reforms, facilitating the employers to resort to retrenchment policy, thereby allowing them to shift their focus from the traditional industries to sunrise industries to achieve the motto of super profit.

In order to express the solidarity with working people of the country coupled with the strong opposition to the present Government's anti-people economic policies including the unwarranteed exercise of ''Financial Sector Reforms'', the AIBOA and AIBEA have jontly given a call for an All India strike.

The bandh will be observed by the bankmen and officers working in public sector banks, private sector and foreign banks, the release added.


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