During his speech at Kozhikode Tagore Centenary Hall on 12th June 2016 when he was given a grand reception, Com.Pinarayi Vijayan, Chief Minister, Kerala stated that the state PSUs will be protected and strengthened. This is a very welcome assurance.
During the UDF rule, almost all the state public sector units have been weakened and made loss making. It is to be remembered that all these PSUs were strong and profit making during the period of the LDF government. Once again these PSUs are going to be revived.
Both the UPA Government as well as the NDA government at the centre have been systematically selling, closing and disinvesting the central PSUs during the past twenty years or so. They have become the promoters of the private sector and the corporates. The present position of the ITI, HMT and other such famed PSUs are well known to all.
The difference of attitude between the NDA/UPA at Centre and the LDF in Kerala towards the PSUs is well understood by the workers. While appreciating the correct stand of the Kerala LDF government, the working class have to fight and defeat the anti-PSU policies of the NDA government at the centre.