Bank Employees go on strike in support of their demands

More than ten lakh bank employees, led by the five unions of public sector bank employees and the United Forum of Bank Unions (U.B.F.U), a joint forum of four officers’ organisations, struck work on 10th and 11th of February in support of their demands.

The strike began at 6 a.m on 10th February and lasted till 6 p.m on 11th February. Employees of 27 public sector banks, 16 private banks, 8 foreign banks and 48 Grameen banks participated in the strike.

Banking operations were completely shut in the country’s commercial capital of Mumbai, in Delhi and all urban and rural areas.

It is to be noted that the meeting held on 6th February 2014 between the employees’ unions and the management – Indian Bank Association (IBA), under the aegis of the Chief Labour Commissioner, yielded no result. Employees had been awarded a 17.5% increase in wages according to the Tripartite Wage Agreement of 2007. This agreement expired on October 2012. There has been no revision in the wages of the bank employees since November 2012. IBA was not prepared to give more than a 10% increase.

Other demands besides that for a wage revision are:

  • To halt acceleration of privatisation in the name of “reforms’ which include – privatisation, mergers, awarding new banking licenses to private companies, growing non-performing assets.
  • To stop contracting out (outsourcing) work
  • To establish a 5-day work week
  • Universal coverage for pension
  • Appointments on compassionate grounds

U.B.F.U includes A.I.B.E.A, National Confederation of Bank Employees, Bank Employees Federation of India, Indian National Bank Employees Federation, Indian National Bank Officers Congress, National Organisation of Bank Workers, All India Bank Officers Association, National Organisation of Bank Officers and All India Bank Officers Confederation.            


Share Everywhere

Defeat Privatisation    Feb 16-28 2014    Struggle for Rights    Privatisation   




Parties of the capitalist class claim that there is no
alternative to the program of globalisation,liberalisation
and privatisation. The truth is thatthere IS an alternative.

The alternative is to reorient the economy to fulfil people’s
needs instead of fulfilling capitalist greed. This is the
program for the Navnirman of India.

Click on the thumbnail of the election manifesto of a CGPI
supported candidate for Lok Sabha to download the PDF.


5th Congress DocumentThe Report to the Fifth Congress of the Communist Ghadar Party of India, presented by Comrade Lal Singh, General Secretary of the CGPI, on behalf of its Central Committee, was discussed and adopted by the Fifth Congress of the CGPI, held in November 2016. By decision of the Fifth Congress, this report has been edited for publication.

(Click thumbnail to download PDF)

Click to Download PDFThe first part of this pamphlet is an analysis of facts and phenomena to identify and expose the real aims behind the Note Ban. The second part is devoted to a critical appraisal of the government’s claims that it will reduce inequality, corruption and terrorism. The third part is what Communist Ghadar Party believes is the real solution to these problems and the immediate program of action towards that solution.

(Click thumbnail to download PDF)

These Elections are a FarceInterview with Comrade Lal Singh, General Secretary of Communist Ghadar Party of India by Comrade Chandra Bhan, Editor of Mazdoor Ekta Lehar

(Click thumbnail to download PDF)

Manifesto 2014Unite around the program to reconstitute the Indian Republic and reorient the economy to ensure prosperity and protection for all!

(Click thumbnail to download PDF)

Click to Download PDFInterview with Comrade Lal Singh, General Secretary of Communist Ghadar Party of India

by Comrade Chandra Bhan, Editor of Mazdoor Ekta Lehar

(Click thumbnail to download PDF)