Monday, December 22, 2008

Circular 37-2008

Dear Comrades
Circular 37-2008 is posted below.
M. S. Raja



15/1089-90, VASUNDHARA, VASUNDHARA (P.O.), Dt. GHAZIABAD (U.P), PIN-201012

Ph: 0120-2881727/4101593/ 0 – 98681 45667



Reference: AIA/Circular-37/2008                                                                    Date: 21st December 2008



Unit Secretaries,

Members of Women's Committee &

Members & Spl. Invitees – NE



Dear Comrades,



Hold demonstration, rally in support of flash strike by Insurance workers

Lakhs of Insurance workers would strike work on 23rd December 2008, the day after the bill permitting FDI upto 49% in Insurance Sector would be tabled in the Parliament.

At a time when the world is experiencing one of the worst financial recession, when banks in US have gone burst, the proponents of 'all' privatisation and competition is pumping people's tax money to save private, mismanaged corporate houses, in India if no banks have gone bankrupt, or insurance did not face the shock it was because public sector pays the pivotal role.   This was ensured by the consistent and sustained fight of the workers. Similarly workers and employees did not lose their provident fund money or pension in India as it happened in Europe and US as we fought and stopped the PFRDA bill.

In US, AIG (American International Group) - the biggest Insurance company – and ilk have to be saved by the US government by its rescue operation worth 70000 million dollars (nearly 3.5lakh crores of Rupees), resulting into government's take over of the companies.

When the role models of privatisation are rolling back their actions and nationalising the private corporate entities, in India despite the clear writing on the wall we are moving a bill to increase the FDI cap in insurance sector! No doubt, it is a precursor to pushing of PFRDA Bill and amendment to Banking Regulatory Act. And it is to help transnational corporate sharks to appropriate the people's money to make good of their losses elsewhere. That much is the commitment of the present government to the workers and employees and loyalty to international fraudsters!

When the workers of the Insurance sector would be on strike, it is our bounden duty, nay, it is in our own interest that we join the protest by manifesting our solidarity by holding demonstrations and rallies.

The solidarity action may be done, as far as possible, under the COC/Confederation banner.

            With greetings,

Yours fraternally


(M. S. Raja)

Secretary General