The Union Cabinet has cleared strategic sale of three pharma PSUs viz. Bengal Chemical and Pharmaceuticals Ltd.(BCPL), Hindustan Anti-biotics Limited (HAL) and Indian Drugs and Pharmaceuticals Ltd.(IDPL). BCPL is the first pharmaceutical company in the country. the decision is taken on the basis of the recommendation of Niti-Ayog.
We strongly protest this anti-people decision. By privatising these PSUs, the government is giving clear signals to the Pharmaceutical MNCs that they can take these companies and increase drastically the prices of medicine.