Meeting of the UFBU was held at Kolkata today, in the aftermath

of our successful strike on 15th and 16th March, 2021 against the decision of the Government to privatise

public sector banks and against the retrograde banking reforms.

Congratulations: The meeting conveyed its congratulations and greetings to all the constituent unions

and all our members all over the country for making the strike a massive success with unprecedented and

enthusiastic participation of the rank and file. The meeting was appreciative of the determination

exhibited by the employees and officers manifesting their unequivocal objection to the decision to

privatise public sector banks.

Special kudos to youngsters: The meeting conveyed its special greetings to the younger generation of

employees and officers who turned out in large number in the rallies and demonstrations.

Support from Trade Unions :The meeting expressed its thankfulness to all the Central Trade Unions –

BMS, INTUC, AITUC, HMS, CITU, AIUTUC, TUCC, AICCTU, SEWA, LPF, UTUC and BKS – for extending

their support to our struggle. Similarly, the meeting was thankful to Samyukt Kisan Morcha representing

42 farmers’ organisations for their support to the strike of UFBU. Many sectoral trade unions of

employees and officers extended their support to our strike and the meeting conveyed its thanks to all of

them. In the insurance sector, in addition to supporting our strike, the employees and officers of GIC and

LIC also observed strike on 17th and 18th March against privatisation of insurance sector respectively.

Support from political parties : The meeting was thankful to the various political parties – Congress,

DMK, AITC, Shiv Sena, NCP, YSRC, TRS, TDP, AAP,SP, RJD, NCP, CPI, CPI-M, CPI-ML-L, VCK, and others

for their support to our struggle. Many of their MPs also took up the issue in the Parliament on 15th and

16thand also addressing letters to the Government to reconsider the decision to privatise the Banks.

Successful Mass Petition and Twitter Campaign: The meeting noted that our online Mass Petition

campaign was endorsed by more than one lakh people and our twitter campaign was supported by more

than 2,20,000 people including tweets by many political leaders and eminent public personalities. It was
notable that our Hashtag “BANK BACHAO DESH BACHAO” was trending at No.1 and made a mark on

that day.

Government’s attitude: The meeting noted that despite our very successful strike, the Government’s

attitude was disappointing. On the other hand, during the press briefing, Finance Minister reiterated the

Government’s stand to privatise the Banks. The Finance Minister also clarified in a reply to a question in

the Parliament that after necessary recommendations are received from NITI Aayog, the matter would be

considered by the Alternative Mechanism and after that the Government would take a final decision.

Hence, the meeting came to the conclusion that our campaign and struggle has to be further carried

forward and intensified. However, the meeting noted that so far the Government has not come out with

any specific Bill in the current Budget Session of the Parliament to amend the existing Banking Laws to

facilitate privatisation of Banks.

Get ready for more campaigns and struggles: In view of this, after discussions, it was felt that we

must intensify our campaign amongst the people, particularly the beneficiaries and other sections of the

people. To enable and to solicit the support of the people, it was decided to undertake a mass campaign

of collection of supportive signatures in the petition to Prime Minister.

It was also decided to undertake further preparatory programmes to involve the employees and officers

to go for intermittent strikes, prolonged strikes and also indefinite strike.

Keeping these in view, the following programmes have been decided upon:

1. Collection of 5 crore signatures from the people in the Petition to Prime Minister

with a copy to the Hon’ble Speaker during April, May, June, 2021.

2. Organisational meetings at all levels during April, 2021 to ensure total membership

contact.

3. Mass Rallies, Dharnas, Seminars, Workshops, etc. in all the States in April, May and

June, 2021.( to be decided in respective States according to local convenience)

4. Nationwide Strikes, intermittent strike strikes, prolonged strikes as may be

warranted looking to developments. (Dates to be announced later).

5. Strike call at short notice, if Government announces any decision on privatisation

of banks.

Details of campaign programmes to be undertaken in the next two months will be given in the next

circular.

Comrades, as everyone of us will understand and appreciate, we are facing the challenge on account of

the Government’s announcement to privatise public sector Banks. We are opposed to privatisation of

Banks and we are convinced that privatisation is not the solution to the problems faced by the Banks. It is

imperative that we should prepare ourselves for a prolonged and sustained struggle and also elicit

support from the people. We call upon all our unions and members to prepare accordingly to make

our struggle a successful one. Sd.. Sanjeev K Bandlish, Convener.