Opposition to privatization: Employees of govt general insurance companies go on strike

  • Employees of public sector general insurance companies are on a one-day nationwide strike on Wednesday to protest against the privatization of govt insurance companies.
  • The United Front of trade unions of PSGI companies met on Monday and decided to oppose the government's decision to privatize these companies.
  • All India General Insurance Employees Union's general secretary K Govindan said that the unions have called for a one-day strike against the passage of the General Insurance Business (Nationalisation) Amendment Bill, 2021 in the Lok Sabha.
  • He said that the employees of all the four companies of PSGI are taking part in the day-long strike.
  • The Lok Sabha on Monday passed the bill without discussion, amid continued protests by opposition parties over Pegasus spying and other issues.