News

Financial sector crippled as shutdown starts in Mumbai








Mumbai, Feb 20 (IANS) India's financial sector was crippled Wednesday all banks, insurance companies and commercial establishments in this commercial capital remained shut on the first of the two-day nationwide strike, organisers said.

"The banking and financial sector is 100 percent closed, not only in Mumbai and Maharashtra but all over the country," All India Bank Employees Association vice-president V. Utagi told IANS.

Utagi said all banks -- nationalised, private, foreign, regional, rural and cooperative -- had "wholeheartedly" participated in the strike.

Although suburban trains, buses, cabs and private vehicles here were running normally, the usual peak hour crowds were relatively thin.

There were few people commuting to industrial hubs in and around Mumbai like Andheri, Bhandup, Vasai, Palghar, Dahanu, Dombivli and Panvel, as all workers' unions have supported the strike.

Following the last-minute withdrawal of the two major unions led by Sharad Rao and A.L. Quadros, most cabs, autorickshaws and taxis were plying, ferrying anxious commuters to the nearest railway stations.

Suburban trains were running normally. There were reports of minor stone-pelting on a train at Bhandup in north-east Mumbai.

Most educational institutions were running normally, but student attendance was thin.

The Class III and IV employees of the state secretariat Mantralaya and district headquarters have also joined the strike.

While Mumbai's dabbawalas, who ferry food to office-goers, are working as usual, a majority of the shops, eateries and commercial establishments opened this morning with their shutters half down but prepared to close down anytime.

In Maharashtra, the Shiv Sena and all its affiliated organisations are fully supporting the shutdown.

However, Shiv Sena president Uddhav Thackeray assured that students appearing for the crucial Higher Secondary School Certificate Examinations starting all over Maharashtra Thursday (Feb 21) would not be hit.

The Brihanmumbai Municipal Corporation said all emergency services would be on full alert to handle any untoward situation.

The all-India shutdown call is in support of various demands by the unions, including concrete measures to counter inflation, steps for employment generation, job security, universal social security, and making the minimum wage to Rs.10,000 per month along with daily allowance.

Police in Mumbai and across the state have made elaborate arrangements to counter any situation arising from the strike.

The joint strike call has been issued by the Bharatiya Mazdoor Sangh (BMS), Indian Trade Union Congress (INTUC), All India Trade Union Congress (AITUC), Hind Mazdoor Sabha (HMS), Centre of Indian Trade Unions (CITU), All India United Trade Union Centre (AIUTUC) and other such central and state organisations, cutting across party affiliations.

 
Indo Asian News Service

<< Previous Story <<
What happened between Chitrangada and the Roshans?

 

>> Next Story >>
Rape, murder of minor sisters extremely painful: Chavan


Latest News

Russians to get awards over meteorite response
 
Russian party wants fines on use of foreign words
 
Russia, NATO to hold anti-piracy exercise
 
Terrorists strike Dilsukhnagar for second time in 10 years
 
Terror returns to Hyderabad, 12 die in twin blasts
 
Hockey World League: Indian men escape with 3-2 win over Ireland
 
Gang-rape victim's family to get flat
 
IOC vote a wake-up call for hockey: FIH president
 
Chennai is very lucky for me: Bappi Lahiri
 
Economic census begins in Delhi
 

News Categories

India
 
North America
 
South Asia
 
Gulf-Middle East
 
South East Asia
 
South West Asia
 
Asia
 
Europe
 
Australia
 
Caribbeans
 
Africa
 
South America
 
United Nations
 
National
 
Business
 
Sports
 
Technology
 
Culture
 
Diaspora
 
Education
 
Entertainment
 
Indo-Pak
 
Incidents
 
Law
 
Religion
 
Security
 
Health
 
Lifestyle
 
Media
 
Society
 
Nature
 
Movie Review
 
Movie Snippets
 
Interview
 
Commentary
 
Articles
 
Features
 


Share:
















Advertise Contact Us Privacy Policy and Terms of Usage FAQ
Canadian Desi
© 2001 Marg eSolutions


Site designed, developed and maintained by Marg eSolutions Inc.