Banking comes to a standstill as workers strike; PSUs hit too

Agencies, fe Bureau
Posted: Thursday, Aug 21, 2008 at 2341 hrs IST
Updated: Thursday, Aug 21, 2008 at 2341 hrs IST

Font Size

Feedback

Discuss

Banks likely to retain home loan rates PSBs outperform private banks in Q2 BoB net up 60% to Rs 634 cr SBI eyes second buy in Indonesia

New Delhi, Mumbai, Kolkata, Aug 20: Union Centre.

The protesters have a six-point charter of demands which includes curbing inflation, a comprehensive unorganised workers Bill, a comprehensive loan-waiver scheme for farmers and proper implementation of labour laws. They are also opposing the government’s acceptance of the Sixth Pay Commission recommendations, which the unions allege favours only the officers and neglects the junior employees.

The strike is also likely to affect defence production, pharma, steel manufacturing and other sectors.

“In West Bengal, there will be road and rail blockades. All air services will be stalled as the federation of airport employees have also joined the call for the general strike,” said CITU president MK Pandhe....

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.