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Bharat Bandh 2020: Banking, transport services set to be impacted

Banking, transport and other services across the nation are expected to be affected on Wednesday as trade unions have called a nationwide strike, where at least 25 crore workers will take part to protest against the Centre’s labour and economic policies. Ten Central Trade Unions (CTUs) — INTUC, AITUC, HMS, CITU, AIUTUC, TUCC, SEWA, AICCTU, […]

Bharat Bandh 2020: Banking, transport services set to be impacted
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Banking, transport and other services across the nation are expected to be affected on Wednesday as trade unions have called a nationwide strike, where at least 25 crore workers will take part to protest against the Centre’s labour and economic policies.

Ten Central Trade Unions (CTUs) — INTUC, AITUC, HMS, CITU, AIUTUC, TUCC, SEWA, AICCTU, LPF, UTUC — along with various sectoral independent federations and associations will rally against the “anti-people” policies of the BJP-led NDA government.

Public Sector Undertaking (PSU) banks like Bank of Baroda, Canara Bank, Syndicate Bank are likely to be amongst the most affected, said sources.

Services like deposit and withdrawal, cheque clearing and instrument issuance are likely to be impacted due to the strike. However, services at private sector banks are unlikely to be affected.

Several banks have already informed stock exchanges about the strike and its impact on banking services.

People might face difficulty as ATM services across the country are also likely to face the burden in Wednesday’s general strike. However, NEFT services will remain available round the clock.

Country’s leading lender State Bank of India (SBI) said the strike is set to have minimal impact on its operations adding very few SBI employees will be a part of the six bank unions participating in the strike.

In West Bengal, trade unions affiliated to Left and other parties called for a bandh against the economic policies of the BJP government. However, the TMC-led state government said it will not support any bandh.

Transport Minister Suvendu Adhikari said that the West Bengal Travel Corporation will operate 22% additional buses on Wednesday. The state government will also offer insurance cover to vehicles against damages during the bandh. All vehicles registered within the state of West Bengal have been insured by the Transport Department with an insurance coverage of up to Rs 6 lakh.

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