Unions for Major Industries in India Call for Strike.
Due to rising discontent among India’s population over economic issues the unions for the major industries, banking and transport included, have decided to go on strike Wednesday February 20th, 2013 and Thursday February 21st, 2013.
MUMBAI—Millions of workers from India’s banking, transport, manufacturing and other sectors are expected to join a strike Wednesday and Thursday called by several trade unions demanding measures to control price rises, deal with graft and create jobs……
…..Industry body Associated Chambers of Commerce and Industry warned that the strike could shave off up to 200 billion rupees ($3.7 billion) from India’s gross domestic product. The economy, already battling a slowdown, can’t afford such a situation as it would worsen price pressures by disrupting the supply of essential commodities, it said.
This strike not only stands to cost India a lot of money as a country during these strike days, but it also hurts customers around the world with freight in India. During these 2 days there will be very little moving to or within India and that could cause companies trying to get shipments delivered to customers of theirs within India to fail on their contracts. Please be cautious of this strike and be sure to ask for updates on anything you expected to deliver in India during these days.
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