The bank strike may affect several essential services: 5 points

Essential services like electricity and transport may also be affected during the bank strike

Banking services are likely to be hit as a joint forum of central unions has called for a two-day nationwide strike on March 28-29. However, it could also affect other services such as transport, railways as well as electricity supply.

Let’s read on to find out why the strike was called and what its implications might be.

  1. Indian Trades Union Congress General Secretary Amarjeet Kaur said, “We expect the participation of over 20 million formal and informal workers during the strike.”

  2. Ms. Kaur said the strike is also expected to affect rural parts of the country, where informal workers in agriculture and other sectors will join the protest.

  3. The strike notices were given by unions of workers in various sectors such as roads, power, coal, steel, oil, telecommunications, post, income tax, copper, banks and insurance. Railway and defense sector unions will conduct mass mobilization in support of the strike in several locations, the joint forum said.

  4. Union demands include scrapping proposed changes to labor laws, privatization in all its forms and the national monetization pipeline. The increase in wage allocation under the MNREGA (Mahatma Gandhi Rural Employment Guarantee Act) and the regularization of contract workers are also part of their demands.

  5. Meanwhile, the Department of Energy on Sunday advised all utilities and other agencies to be on high alert and ensure 24-hour electricity supplies and the stability of the national grid.

Michelle J. Kelley