The Modi government is on the route to entirely sell all the Public Sector Units, whether profitable or non-profitable. It is implementing its assurance to the corporate lobby for the lakhs of crores of rupees received by them in the election campaign. The next Parliamentary elections are coming and more funds are required. The best thing is to gift the PSUs to the corporates and get further huge donations from them.

The latest is the implementation of the directions of the NITI Ayog (or ANITI(Injustice) Ayog ) to sell the profitable BHEL, the loss making MTNL and a few other PSUs for garnering Rs. 29,647 crore. Some of these are Navaratna PSUs. NITI Ayog has earlier directed the government to sell Air India, the prime Indian air line.

MTNL is the PSU operating telecom services in the metro cities of Delhi and Mumbai, while all other places are served by BSNL. It is only due to the anti-PSU policy of the continued governments at the centre that MTNL has become loss making. Unlimited corruption by the top management is another reason for loss. The company owns land, building, quarters and equipment worth lakhs of crores of rupees in both Mumbai and Delhi. There are more than 25,000 workers whose future is in peril.

We demand that the government should withdraw from this anti-PSU and anti-national move. It is misuse of power to sell the property of the nation to a few corporates. Strong protest actions should be organised and the government move defeated.

Out of the three telecom PSUs, VSNL is already sold to TATA. MTNL is in the list for sale. Next will be BSNL. It is only because of BSNL and MTNL that the telecom services are most cheap in India. Once these are privatised, the call rates /charges will at least be increased ten times or more as is the case with many other countries. Privatisation is not a loss to the MTNL/BSNL subscribers alone, but will a great loss to the telephone /mobile subscribers all over the country whether they are subscribers of Reliance Jio, Vodafone, Idea etc.

The people as a whole should oppose and defeat the privatisation of the telecom PSUs, BSNL and MTNL.