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Nationwide strike brings banking, transport services to a halt in Telangana & Andhra

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By NewsGram Staff Writer

Deserted streets during Bharat Bandh
Deserted streets during Bharat Bandh

Hyderabad: The transport and banking sectors were affected  in Telangana and Andhra Pradesh as a nationwide strike called by trade unions came into effect on Wednesday.

Auto-rickshaws in Hyderabad and other towns in the two states were also off the roads. Truck owners and drivers also joined the strike at few places. Petrol bunks were shut at few places due to the strike.

Commuters were stranded at Mahatma Gandhi Bus Station (MGBS), Jubliee Bus Station in Hyderabad and Secunderabad as majority of long-distance buses were cancelled.

Activists of the left parties and trade unions staged protest at RTC bus depots in all 10 districts of Telangana and 13 districts of Andhra Pradesh. Bus stations in most of the towns wore a deserted look as majority of 18,000 buses in the two states went off the roads.

In Kurnool town of Andhra Pradesh, protest by RTC employees led to tension at the bus station. Striking employees tried to stop buses being operated with the help of contract staff.

Banking services were also paralysed in the two states. Public sector banks were closed in Hyderabad and other parts of Telangana and all cities and towns in Andhra as employees joined the strike.

Coal production in state-owned Singareni Collieries Company Limited (SCCL) in Telangana was also affected. Employees in SCCL mines in three districts joined the strike. Officials said 45,000 tonnes of coal production will be impacted, causing a loss of Rs.9 crore to the company.

Employees of Visakhapatnam Steel Plant, HPCL, Ship Yard and other public sector undertakings also joined the strike.

(With inputs from IANS)

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Over 10 Lakh Bankers to go on Strike, Wants IBA to Improve Offer

In the last 10th Bipartite Wage Settlement that was made effective from November 1, 2012, IBA had agreed for a hike of 15 per cent increase over the total wage bill.

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Arun Jaitley , Finance Minister of India, wikimedia commons

Over 10 lakh bankers in government and private banks will go on a two-day strike by the end of May if the government does not ask the Indian Banks Association (IBA) to make an improved offer, said a leader of the All India Bank Employees Association (AIBEA).

“It is a matter of shame that while thousands of crores of rupees are written off from profits towards bad loans of big corporates, the genuine demands of bank employees are being denied in this fashion,” C.H. Venkatachalam, General Secretary, AIBEA, said on Sunday.

“If the Finance Ministry does not intervene to make the IBA to make their improved offer, it has been decide to call for a 48-hour continuous strike by end of this month,” he said.

Over 10 lakh bankers in government and private banks will go on a two-day strike by the end of May if the government does not ask the Indian Banks Association (IBA) to make an improved offer, said a leader of the All India Bank Employees Association (AIBEA).
Indian Overseas Bank, wikimedia commons

Wage revision talks between the United Forum of Bank Unions (UFBU) — an umbrella body of bank unions — and IBA representing various banks held in Mumbai on Saturday ended in a failure.

Venkatachalam said the IBA offered an increase of 2 per cent over the total wage bill of the banks as on March 31, 2017.

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In the last 10th Bipartite Wage Settlement that was made effective from November 1, 2012, IBA had agreed for a hike of 15 per cent increase over the total wage bill.

The unions rejected the IBA offer of 2 per cent hike, Venkatachalam said.

While the government had asked the IBA to conclude the wage revision settlement before November 1, 2017, the latter has been delaying, Venkatachalam added.

Wage revision for bankers is due from November 1, 2017. (IANS)

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