Banks will go on strike from Jan 31 for two day: UFBU

Dharamshala: United Forum of Bank Unions (UFBU) has decided to go on strike, in accordance with provisions contained in sub section (1) of section 22 of I D Act -1947. The banks of India will observe strike in three phases, in first phase  for 2 days on January 31 and February 1 and then for 3 day on March 11, 12 and 13, 2020 and then, if still their demands are  not met with, it has decided to go on indefinite strike from April 1, 2020 onwards. According to the convener of United Forum of bank union, Mr. Sanjeev Kumar Bandlish the letter of this information have already been sent to the Chairman of Indian banks association, Secretary department of financial services Ministry of Finance and Chief Labour Commissioner Ministry of Labour New Delhi.

Informing this on telephone, Bandlish said that the decision to go on strike was taken, as our demands of Wage revision settlement at 20% on pay slip, 5 day banking, merger of special allowance with basic pay, scraping of new pension  scheme etc  have been lying pending since long.  He said that we have 12 demands sent to the government.

He said that the United Forum of bank Unions UFBU have membership of All India Bank Employees Association AIBEA, All India Bank offices confederation AIBOC, National Confederation  of bank employees NCBE, All India Bank Officers Association AIBOA, Bank Employees  confederation of India BEFI,  Indian National Bank Employees Federation INBEF,  Indian National bank officers Congress INBOC,  National Organisation of bank workers NOBW  and National Organisation of bank officers NOBO, and all are agreed to the decision of UFBU.

He further informed that the banks will start work to rule and will withdraw extra cooperation from tomorrow (Jan 20).
Indian Economic Survey is due on 31st January and budget on 1st April and entire Banking Sector is going on strike during it.