The government is on the look out to get more and more dividends from the cash-rich PSUs to reduce its financial deficit. These companies are having sufficient cash reserves. In 2009-10 alone, an amount of about Rs. 25,000 has been paid by the companies as dividend. But this year, 2010-11 the government is trying squeeze more amount, say about Rs. 26,000/ from these companies.
The government has got two agendas – one to get as much dividend from these companies,second to finish the PSUs themselves si that they can be sold to the private. The PSU workers have to unitedly fight this injustice.