The agitating workers of the Insurance and Banking sector have scored a well earned point. The Insurance and Banking Bills will not be presented in the ensuing Winter Session of the Parliament starting from 22 November 2011. These bills are being brought in order to further open these sectors to the corporates as also to weaken the PSUs in these sectors as part of the neo-liberalisation policy of the UPA government. The bills were presented in the Parliament in the earlier session and have been referred to the Committee and the recommendations could not be finalised as there were strong different opinions in the Committee.
The present delay will give more time for the Insurance Banking Workers to further plan their strong struggles.