National Aluminium Company Limited (NALCO), central PSU has paid an interim dividend of Rs. 260.72 to the central Government for 2015-16. It has also declared dividend to its share holders, including government, a total amount of Rs. 322.16 crore.
NALCO is the prestigious Aluminium PSU situated in Odisha, which Bajpeyee Government wanted to privatise. It was due to the strong opposition of the trade unions in the company as well as the people of Odisha that the government could not privatise it. NALCO is providing a lot of benefits to the people through its corporate social responsibility schemes.
If it has been privatised, all the benefits will go in to the coffins of the corporates. We salute the people of odisha