Mangaluru: Employees of public sector banks (PSUs) across Dakshina Kannada on Tuesday went on protest in response to the call for nationwide strike given by United Forum of Bank Unions (UFBU).
"In order to create a conducive environment to the private and foreign investors further efforts are being made by the government to amend the labour laws to suit their needs. Hence UFBU is opposed to the retrograde anti-people banking labour reforms, the moves of the government infringing the hard-earned trade union rights and the hazardous practice of outsourcing of permanent jobs," the press note stated.
"The banking sector was nationalized in the year 1969 to cater to the poor, the marginalized people, the rural artisans and the farmers. After the natinalization, enormous development took place in the Indian economy. But the government wants to privatize the banking industry and hand it over to the corporates and the capitalists. If the banking industry is privatized, definitely a vast sector of the people, especially the working class will be affected. Hence, we decided to hold one-day all-India strike," the press note added.
