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The Modi Government has decided to privatise many government corporations and to sell up to 51% to private in some other corporations. It seems that as per this decision, the BJP government will dispose almost all the central PSUs to the private in the name of garnering funds for the government.

Thousands of acres of land in various metro cities owned by these corporations are going to be handed over to the private companies from meagre amounts. Existing employees of these PSUs will lose jobs, once these are transferred to private.

The Central trade unions and the public sector unions have to confront this all round attack and defeat the government conspiracy. Otherwise, there will be no central PSUs by about one decade.