Category Archives: PSU

Matters connected with Public Sector Units (PSU)

Formation of a Company by Kerala for payment of social welfare pensions.

21 Thursday Jun 2018

Posted by in General, Kerala LDF Government, PSU

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The LDF Government in Kerala has decided to form a separate company for payment of social welfare pensions to ensure that these pensions are regularly paid to the eligible persons. This will be 100% owned by the government. All those who are above the age of 60 are paid welfare pension of rs. 1,100 by the government. Many other pensions are also there. The funds will be given to the company by the state government and it will pay the pension monthly to the concerned. This is much hailed by the pensioners.

Congratulations to the Kerala Government for streamlining the pension payment.

No disinvestment or sale of Air India now.

20 Wednesday Jun 2018

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Railway Minister Piyush Goyal has stated that Air India sale/ disinvestment will not take place now as no corporate has come forward for the same. Well and good. The government decision to disinvest and sell this government carrier is fully wrong and unjustified. The Government should help it and ensure its continued existence as a central government PSU.

BEML increases its performance, profits, but Modi Government wants to sell it to private corporates

03 Sunday Jun 2018

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One of the excuses pointed out by the central government for selling the various Public Sector units is that they are in loss and not viable. Of course in most cases, the loss is due to the anti-worker, anti-PSU policy of the government itself. Still a large number of PSUs continues to be viable and profitable due to maximum efforts on the workers and some managements.

In the case of the proposed disinvestment of 26% of Bharat Earth Movers Limited (BEML), even none of these excuses are there. It is profit making, it has made profit all these years. It is making vehicles etc. for the defence and in the last year the profit was Rs. 164 crore.  It has made profit of more than the value of the company since its inception.

By selling 26% shares, the ownership of the PSU will be transferred to the buyer corporate, even though the buyer will have only a minority of 26% shares. Government will be converted in to an onlooker. Policy and decisions will be taken by the corporate management. Security of the nation is in peril in the hands of the MNCs.

Through the struggle of the workers and the pressure from the Kerala LDF government, the disinvestment process has not moved fast. The centre will be waiting for an  opportunity, as the pressure from the corporates go up for sale.

Fight this Loot of the PSUs by the government through united continued struggles with the support of the people. BEML has to be saved for the future of India.

 

Rs 11,330 crore for the Network for Spectrum (NFS) project, over and above Rs 13,334 crore already allotted

18 Friday May 2018

Posted by in BSNL, PSU

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The government approved higher budget allocation for laying of alternate communication network for defence services in turn for release of spectrum held by the armed forces, as part of the decisions taken by the Cabinet Committee on Economic Affairs on Wednesday.

The committee approved enhancement of budget by Rs 11,330 crore for the Network for Spectrum (NFS) project, over and above Rs 13,334 crore already approved by the Cabinet Committee on infrastructure in July 2012.

FCI Employees hold protest to Demand wage revision

13 Sunday May 2018

Posted by in PSU

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“Nationwide, protest demonstrations were organised by FCI Employees Association (CITU) on Friday in many states against the lackadaisical attitude and nefarious design of Government missionaries on pending wage revision of FCI Employees.

The DPE in its office memorandum of 8th round wage negotiation for unionised workmen in respect of CPSEs has not permitted Food Corporation of India (FCI) to commence wage revision process for its employees till now by saying that the government would not provide any budgetary support for any such wage increase, and FCI would have to bear the entire financial implications from their own resources.
Dr. A Sampath MP inaugurated the All India Protest at Regional Office, Trivandrum, Kerala. While addressing the protest MP informed that as per High Level Committee report already FCI Operations are under the threat of Privatization. It is a serious threat to the existence of FCI and food security of the nation. Subsidy received every year by FCI was lower than claimed for from the GoI. On an average only 67 per cent of subsidy claimed was released by the GoI over the last five years because of which FCI had to borrow from other costlier means of finance. Details of Subsidy is attached for ready reference 1. FCI had to pay huge amount of interest on funds raised from external sources, as it did not get the food subsidy reimbursement in time from the Government of India (GoI). It will also affect the day to day operations of Food Corporation of India.

The primary duty of FCI is to undertake procurement, storage, movement, transportation, distribution and sale of food grains. Now FCI had 14556 Category III & IV employees as on 31 March 2018 against the sanction of 27345. A shortage of 12789 personals. The newly joined employees are resigning from FCI due to meagre income and difficult working atmosphere compare to other PSUs. The last wage revision was taken place before 10 years, i.e on 2007. The volume of the work as compared to the year 2007 has increased manifold. Now the turn over per employee handled is five folded. Dr A Sampath Mp told that nothing can replace manpower, proving food security to the nation is an important job and necessary personals should be recruited and the employees should be paid a good wage similar to the central government employees. Denying legitimate demand of FCI employees are unjustifiable.” (Press report)

The struggle of the FCI workers should be fully supported.

BEFI takes the struggle to the streets – BSNL Unions too.

13 Sunday May 2018

Posted by in BSNL, PSU

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The PSU Banks are under attack from the government as well as the corporates. In the name of NPA or unpaid loans, the Banks are criticised, forgetting conveniently that these loans of lakhs of crores of rupees are the creation of corporates and corrupt top management of the banks who dance to the tunes of the government. The workers are under threat of loss of jobs due to merger of banks etc. And at the same time the workers are blamed for all these.

It is to inform and educate the people of all these and to save the banks, that BEFI has taken to the streets. The 24 hour programme by it at Kozhikode Mudalakkulam maidan on 11/12 May 2018 was a great success with the support of trade unions, service associations etc. A lot of information on the attacks on the various PSUs and other institutions could be gathered.

This is the correct approach in the present situation. The people have to be mobilised against the wrong policies and actions of the government. From tomorrow onward BSNL workers are also in the streets with the same approach.

Congratulations to BEFI and BSNLEU and other unions for approaching the people for support and co-operation!

Move to privatise MTNL, a warning to BSNL

13 Sunday May 2018

Posted by in BSNL, PSU

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The direction of the NITI Ayog to the government to privatise MTNL  is a warning to BSNL also. There are 29,000 employees in MTNL and about 1,75,000 employees and about one lakh contract workers  in BSNL.  What will happen if the PSUs are privatised? Not even half will be able to save their jobs.

It is not the time to mourn and sit idle. It is the time to act. Powerful agitations have to be organised with maximum propaganda amongst the people. Privatisation of these PSUs will increase the telephone / mobile bills of each and all at least 10 times of the present as per international rates. All those using mobile / telephone will suffer. It is the time to not only to organise the workers for action but to go to the people and get their help in avoiding a crisis. A big battle is ahead. ‘Do or Die’ is the slogan.

MTNL, BHEL on the privatisation list – Oppose and defeat the move.

13 Sunday May 2018

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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.

All India Convention of the Central Public Sector Trade Unions at New Delhi on 30.05.2018.

05 Saturday May 2018

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According to the decision taken in the meeting of the Public Sector Trade Unions, held at Ernakulam on 08-04-2018, an All India Convention of the Public Sector Trade Unions will be held on 30th May 2018, at New Delhi. The venue of the convention is Ghalib Institute, near ITO Metro Station, New Delhi.

The convention is being conducted on the following issues:-

Against privatisation.
Demanding withdrawal of gazette notification on Fixed Term Employment.
Demanding withdrawal of all restrictions and anti-worker preconditions on right to Collective Bargaining.
Fair and satisfactory wage revision of CPSU workers.
(BSNLEU website)

CPSTU Convention decides for agitational programmes on Disinvestment / sale of PSUs etc.

09 Monday Apr 2018

Posted by in BSNLEU, Disinvestment, PSU

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Central Public Sector Trade Unions (CPSTUs) decided to intensify struggles against privatisation and to settle wage revision.
The Central Public Sector Trade Unions conducted a one day convention at Ernakulam, yesterday. 340 delegates participated in the Convention, from all the major Central Public Sector Undertakings. Com. Tapan Sen, General Secretary, CITU, inaugurated the Convention. Com.P.Abhimanyu, GS, BSNLEU, addressed the convention, and gave a detailed picture of how the government is trying to finish off BSNL, by forming the Subsidiary Tower Company. He also narrated about the sustained struggles of the BSNL employees to safeguard BSNL. The GS, BSNLEU also briefed the convention about the developments in the wage revision issue of the BSNL employees. The meeting decided the following action programme on the key issues:-

To conduct a nationwide campaign programme in all the Public Sector undertakings.
To send Fax to the Prime Minister and Minister of Heavy Industries.
To conduct a National Convention on 25th May, at New Delhi, against privatisation, Fixed Term Employment and on wage revision issue.
calendar 09 – Apr – 2018
Massively organise dharnas on 12-04-2018, demanding the rolling back of the Subsidiary Tower Company.
Compelling the government to roll back the Subsidiary Tower Company is the priority task of the trade union movement of BSNL. To achieve this, the All Unions and Associations of BSNL has called on the BSNL employees to organise massive dharnas throughout the country on 12-04-2018. CHQ calls upon the circle and district unions to coordinate with the other constituents of the AUAB, and to mobilise maximum number of Non-Executives and Executives in the dharnas.(Courtesy: BSNLEU website)