The UPA II Government is steadily going on selling the PSU shares. NDA government’s motto that ” Business is not the business of the Government” is being loyally being implemented by the UPA II.  The Disinvestment Department is working over time to sell the nation’s valuable assets at cheap prices.

As per government reports, SAIL , ONGC  and Power Finance Corporation  (PFC) will be disinvested in the first quarter of 2011. IOC and Hindustan Copper will be disinvested in the next financial year, 2011-12. Other PSUs which are to be disinvested will be known later. The strong opposition from the Central Trade Unions including INTUC has not made any change in the governments’ privatisation policy. Strong and sustained struggles by the working class are necessary to stop this selling of family silver.

As such, it is most important that maximum workers participate in the Parliament March called by the Central Trade Unions and independent Federations to be organised on 23rd February 2011.