Won't work UFBU calls for nationwide strike

Again again again, it happens so frequently in India only.
United Forum of Bank Unions or UFBU an apex body fo nine unions called for nationwide strike of banks on 25th January, 25th and 26th February for these reasons.
1. Protest against current policy of mergers of Public Sector Banks
2. Restoration of compassionate appointments in Banks.
3. Filling up of all vacancies.
4. Against outsourcing of normal outsourcing of banking jobs.

These was released in a press release by convenor of UFBU, VJ Johny.

Now what one has to say for horrendous reasons to call for a strike. Strike at the first position is a tool of last resort for getting the rights of workers, but it now seems that it had becopme a tool in the hands of some communist only to flex their muscles.

Public sector banks in India have a tarnished image, their customer service is shoddy and most of them(if not all) work under the whims and fancies of various political akahs. After nationalisation, the branch numbers might have increased but the quality have gone down. Down to a level where these banks cannot be even called a commercial enterprise, but a dipalidated government department.

Focusing back to the reasons for calling the strike, the first reason is against the policy of mergers between various banks. With rapidly expanding international financial horizon, it has necessary for banks to gain scale, apart from profitability. China is doing just that, this is the reason that their banks are garnering record valuations, just infusion of fresh capital and writing off of Non performing assets: the result big banks with large market capitalizations. It is to be noted that these Chinese banks ( especially ICBC, CITIC) few years back were on the verge of bankruptcy. And still they manage to garner such high valuations. But in back home in India, we are looking back. Especially our unions, who seems to receive special communiques from China to oppose such mergers, as it would, if not surprass, will definately challange the valuations of their banks. Mergers create efficiency, reduce wastage, and lead fo harmonization of resources. Only if they are planned in a manner they are ought to be planned. However the opposing such mergers by the unions is not the ground that it will create more unemployed. Unemployment is just a mask, real intention is falling clouts of the union if the banks merge, a loss which particularly be disastorous for the communists. Therefore they are doing what their comminsars in China told to them.

The second reason is rather laughable. I do not know the meaning of 'commassionate appointment'. But putting it in laymans terms, it must mean employing, employing and employing thereby making a commercial enterprise a tool of achieving social ends. Back during the days of Eastern Block and Soviet Union these measures used by them for promoting socialism proved the nemesis of those countries, we in India saved ourselves from such destruction. But such demand raised by the union does seems that more than the development of the country, they believe in development of their union and the political party to which they are associated. May be more of a soundbyte.

The third reasons, I feal is direct outcome of the second reason of calling a strike. Filling up vacancies, old habits die hard, even when computers are there they still need more workers. For filling up the union, or they are more lazy. One thing one can do nothing but notice that a person joins a public sector bank only to join politics. And union is the stepping stone for such thing.

Fourth reason, that is, regarding outsourcing of work, is strictly a commercial decision. But since it has an impact on not only quality of services but also creates a situation where existing employees are in quandary about there position in the bank, therefore such decision of outsourcing must be taken by the management by taking into factor various factors. However, strike is not an answer, more strike would inadverently results in more oursourcing.

After writing more than fifty lines about a newsarticle which appeared in a business daily in need to know page, occupying only one small column. It would be enough to say that what sort of public sector exists in the country. Employees join the companies, not specifically for their livelihood, or for the service of country or public, but just not working and getting a passport into the politics. I don't know how the strike will go, customers will face inconvenience, even if they are facing some emergency. Already tarnished image of a public sector will only be blemished.

Again again again, it happens only in India.