Strike paralyses trade life in

Strike paralyses trade life in Jamshedpur, over Rs 100 crore loss incurred

Jamshedpur No Comments on Strike paralyses trade life in Jamshedpur, over Rs 100 crore loss incurred 93

Jamshedpur, Sept. 2 : The 24-hour bandh called by trade unions paralysed banking, postal and insurance services and left the small scale industry sector limping to meet production targets.

Several trade unions hit streets in favour of the bandh and appealed to support for the cause. According to an estimate the city incurred a loss of Rs 100 crore.

More than 250 branches of different nationalized banks remained closed for the day affecting check clearance and money transfer. However, 27 branches of the State Bank of India in city and outskirts were opened not affecting clearance of government bills. This, apart 50-odd private banks were also opened for the day. ATMs of all the banks remained operational.

All the eight branches of LIC remained closed for the day. All the 46 post offices in city remained bandh today affecting transaction worth Rs 100-crore.

Work at the BSNL offices remained paralysed in all the 15 branches in city.

Convenor of United Forum of Bank Unions, Subhasish Bhattacharya said that all the 250-odd branches of both public and private banks in Jamshedpur remained closed in response to the bandh call.

“The bandh has evoked overwhelming response on the day one. Our demands include payment of minimum wages, abolition of contract labour, arresting rising prices of essential commodities, and withdrawal of ceiling on bonus and gratuity,” said Bhattacharya.

In some places employees staged demonstration near the bank premises and raised slogans in favour of their demands. The Jamshedpur division of Life Insurance Corporation of India Limited witnessed complete shutdown of 20 branches under its jurisdiction.

Ramesh Sahu a senior functionary of Jamshedpur Division Insurance Employees Association said that the division suffered losses to the tune of over Rs 2 crore on the day of the strike.

All the 46 post offices in the district including the General Post Office ( GPO) in Bistupur remained closed as the employees stayed away from work.

“Government is on disinvestment spree rather than increasing the number of employees steps are being taken to reduce the strength of the banks and other government institutions. Outsourcing has also reduced the options for the workers.

It is high time that the steps are taken by the government to secure our future,” said a bank employee .

Meanwhile Asia’s biggest industrial hub that houses about 900-odd small and medium scale units also faced the brunt of the strike. Most of the units remained shut as the employees failed to turn up in response to the trade union bandh call.

When contacted an official of Adityapur Small Indistries Association ( ASIA), said some industrial units also faced the wrath of activists who ransacked at their campuses. We have incurred a loss of Rs 50 crores on day one and figures are expected to grow on the second day too,” noted the official.

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