CPI(M) extends support to bank employees’ strike on September 11
The CPI(M) Andhra Pradesh unit has announced its support for a nationwide bank employees' strike scheduled for September 11. The party opposes government policies regarding the privatization of public sector banks and corporate loan write-offs.
Why it matters
The strike highlights ongoing tensions between labor unions and the Indian government over the privatization of state-owned financial institutions.
The CPI(M) Andhra Pradesh unit has extended support to the nationwide strike call by bank employees on Friday, demanding that the BJP-led Union government immediately resolve their issues.
In a statement on Thursday, CPI(M) State secretary V. Srinivasa Rao appealed to the public to express solidarity with the striking bank employees.
He said the strike aimed to protect the public sector banking system and oppose what he described as corporate exploitation. “This struggle is not merely for the rights of the bank employees, but also against the Union government’s policies aimed at handing over the banking system to private players,” he said.
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