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The Hindu·2 min read·medium

Keralam’s Leader of Opposition extends support to bank strike

T
The Hindu Bureau
Keralam’s Leader of Opposition extends support to bank strike
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Kerala's Leader of Opposition Pinarayi Vijayan has expressed support for a three-day bank strike organized by the United Forum of Bank Unions. The strike protests the central government's policies, including the denial of Saturday holidays and alleged moves toward privatizing public sector banks.

Why it matters

This highlights ongoing tensions between labor unions and the central government regarding public sector banking reforms and employee welfare.

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Keralam’s Leader of Opposition Pinarayi Vijayan on Wednesday expressed solidarity with the three-day strike called by the United Forum of Bank Unions (UFBU), which begins on September 28 in protest against the anti-worker policies of the Centre. Mr. Vijayan said the bank employees have been waging a bold struggle against the Central government’s covert moves to hand over the country’s public sector banks to corporate monopolies.

The Union government’s decision to renege on the official agreement to declare Saturdays as holidays constitutes a gross betrayal of the employees, he said. It is entirely discriminatory for the Finance Ministry to ignore legitimate demands such as the restoration of the old pension scheme, while sidelining ordinary staff and granting substantial benefits exclusively to top-ranking officials, he said.

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