From The Economic Times · PTI · · 50s
Government urges banks to avoid strikes
Government asks bank staff to resolve disputes through talks instead of strikes to keep services running.
In brief
Government asks bank staff to resolve disputes through talks instead of strikes to keep services running. Bank strikes could shut services for five days, but government says most union concerns are addressed. Originally reported by The Economic Times.
Government call to avoid strikes
Finance Ministry urges bank staff to resolve issues through dialogue instead of strikes.
“Given that most concerns of the unions have been substantially addressed, that the remaining demand continues to be examined, and that the Government continues to proactively introduce welfare measures for the banking workforce, bank employees are urged to refrain from resorting to strikes, work towards resolving issues through dialogue, and ensure that banking services remain uninterrupted.”
Upcoming strike threat
Bank unions plan a three-day strike starting September 28 to demand five-day banking services.
Strike impact
The strike could shut banking services for five days, overlapping with bank closing dates.
PLI scheme status
Unions want to withdraw the Performance Linked Incentive scheme, which was paused earlier this month.
Government welfare measures
Government increased salaries, created staff welfare funds, and raised executive posts for bank employees.
Bipartite settlement
Government aims to complete wage settlement negotiations before November 2027 deadline.
At a glance
Bank strikes could shut services for five days, but government says most union concerns are addressed.