FM Sitharaman assures protection of interests of privatized bank employees
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FM Sitharaman assures protection of interests of privatized bank employees
Union Finance Minister Nirmala Sitharaman on March 16 cleared air around Union Cabinet's decision of privatization of banks in the country.
She said, "Today, we have quite a few numbers of banks, some are performing really well, some are good...Not all banks are going to be privatized.
Even for those banks which are likely to be privatized, we have to ensure that the privatized institutions too will continue to function after the privatization; we'll also ensure the interests of the staff will be protected.
The interests of workers of banks which are likely to be privatized will absolutely be protected - whether their salaries or scale or pension, all will be taken care of."
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Among the 34 Union Ministers whose names featured in BJP’s first list of 195 candidates released last weekend was Rajeev Chandrasekhar, who has been fielded from Thiruvananthapuram, a seat in Kerala considered Congress leader Shashi Tharoor’s stronghold. While Congress has yet to announce its candidate from the constituency, if they choose to field Tharoor again, it will be one of the high-profile contests in the upcoming Lok Sabha elections 2024. Fielding Chandrasekhar is part of BJP’s aim to make inroads in Kerala, where it had failed to win any seats in the 2019 Lok Sabha elections. In one of his recent visits to Kerala, Prime Minister Narendra Modi talked about the goal of achieving a two-digit figure in the state in the upcoming Lok Sabha 2024 polls.
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