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Category Archives: PSU

Government gets over Rs. 1lakh crore from spectrum auction

25 Wednesday Mar 2015

Posted by VAN NAMBOODIRI in BSNL - Better Service to the Nation, PSU, SAVE BSNL CAMPAIGN, Telecom

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Spectrum Auction

The spectrum action is over after a very long 19 days. The government will get Rs. 1,09,874 crores from the auction of 800 MHz, 900MHz, 1800MHz and 2100MHz spectrum. This is the biggest auction of spectrum so far. There has been stiff competition to get the spectrum by the private companies.

We demand that from the spectrum sale, at least Rs. 10,000 crore should be paid to BSNL as immediate assistance to purchase equipment for expansion and maintenance.

 

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Appoint A Director from the Staff Side in the BSNL Board

25 Wednesday Mar 2015

Posted by VAN NAMBOODIRI in BSNL - Better Service to the Nation, BSNL News, PSU, SAVE BSNL CAMPAIGN, Telecom

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BSNL, Workers Participation

BSNL is passing through a difficult period. It is in loss, its market share has gone down to below 9% and its subscribers are surrendering land lines. A herculean effort is required to ring it back to normal. The Forum, which is the umbrella organisation of all the unions and associations is on a campaign trail to get the support of the people for its revival. The 2.5 lakh workers are fully committed to the revival of BSNL.

In this context, it is only appropriate that a member of the staff side /union / association should be included in the Director Board. Workers’ Participation should not only be a slogan, but is also to be practised.

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Government on the move to privatise ports – Unions oppose

22 Sunday Mar 2015

Posted by VAN NAMBOODIRI in Neo-liberal policy, PSU

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Ports corporatisation

The government is on the move to corporatise at least five of the 13 major ports, which are profitable. At present, they are under the government. The corporatisation is the first step towards privatisation.

The employees unions have strongly protested the move and are planning for further action.

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46 Sick PSUs to be revived, 9 units to be closed – Minister of Heavy Industries

20 Friday Mar 2015

Posted by VAN NAMBOODIRI in Neo-liberal policy, PSU

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Closure of PSUs, HMT

The fate of 9 sick  PSUs and their staff are sealed. The Heavy industries minister has stated in the Parliament that out of 55 sick units, efforts will be made to revive 46 and the rest 9 will be closed down.

The 9 sick units which will be closed include HMT Bearings, Tungabhadra Steel Products, Hindustan Photo Films, HMT Watches, HMT Chinnar Watches, Hindustan Cables and Spices Trading Corporation.

These were all profit making companies. HMT watches was one of the best PSUs manufacturing the best watches in India. It is only due to the anti-PSU policy of the government that all these PSUs have become loss making.

The government is on the move to close down the PSUs, one after another. These should be opposed and defeated.

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Put a stop to the sale of PSUs

19 Thursday Mar 2015

Posted by VAN NAMBOODIRI in Neo-liberal policy, PSU

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privatisation, sale of PSU shares

The government is proposing to sell shares of BHEL, NMDC, NALCO, ONGC, PFC, REC etc. in the financial year 2015-16 to mop up about Rs.41,000 crores. These sales are nothing but handing over of the nation’s assets to the corporate bigwigs for a portion of their real worth. There has been huge corruption in the sale of shares earlier and it will be there in future also. These sales of share are nothing but the steps towards privatisation

Handing over the assets of the nation to the corporate should stop.

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Don’t Privatise Kolkata Chennai and other Airports

18 Wednesday Mar 2015

Posted by VAN NAMBOODIRI in Neo-liberal policy, PSU

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airports, privatisation

The aggressive move of the Central Government to hand over the Kolkata, Chennai and other profit making airports is strongly opposed. Modernisation of these airports has been done by the Airport Authority of India with huge costs and there is no need for another modernisation immediately. It is intended only for privatisation.

The government should stop this anti-PSU move.

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Insurance Bill passed in Rajya Sabha – Congress supports the Bill

13 Friday Mar 2015

Posted by VAN NAMBOODIRI in Left News, PSU, Telecom, TU News

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Bill, Insurance, Protest

Rajya Sabha yesterday, 12th March 2015, passed the Insurance Laws (Amendment) Bill 2015, increasing FDI in Insurance Sector from 26% to 49%. The Congress and NDA shamelessly supported the bill and allowed it to pass in the Rajya Sabha, where the ruling party is in a minority. The amendments moved by the Left Parties, which strongly opposed the bill, were defeated jointly by the NDA and UPA.

The Corporates and MNCs were jubilant and expressed their happiness that the Modi Government has passed the bill. According to some of them, more than Rs. 20,000 crore foreign funds are expected after the passing of the bill.

But the sinister fact is that the entire insurance sector, where there is big profit, is going to be taken away by foreign finance. Serious attack will come on the PSU insurance companies. The present subscriber satisfaction will come down.

The Insurance workers have organised a s complete strike on 9th March against the bill, which was a complete success. They are sure to continue the struggle to save the Insurance Sector. Our full support and solidarity to them.

Sustained struggles are required to defeat the anti-working class policies of the government.

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Spectrum bids crossed Rs. 94,000 crores on Fifth Day

09 Monday Mar 2015

Posted by VAN NAMBOODIRI in Neo-liberal policy, PSU, Telecom

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Spectrum bids

The biggest-ever auction of 2G and 3G spectrum got bids worth Rs. 94,000 crore at the end of the fifth day of the sale process. The bids are expected to cross Rs. one lakh mark.

It is feared that the aggressive bidding may result in hiking the telephone tariffs by the private telecom companies.

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ORGANISE MASSIVE DEMONSTRATIONS ON 12TH MARCH THE DAY ON WHICH STRIKE NOTICE WILL BE SERVED

07 Saturday Mar 2015

Posted by VAN NAMBOODIRI in BSNL - Better Service to the Nation, BSNLEU, PSU, Telecom, TU News

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21-22 APRIL, BSNL strike

Notice for strike on 21-22 April 2015  by the BSNL Non-Executives and Executives will be served on the BSNL Management on 12th March 2015. It has been decided by the Forum of BSNL Unions and Associations of Non-Executives and Executives  to organise massive demonstrations on the day at the Corporate Office Delhi and also in the circles and SSAs. Participation of maximum number of workers should be ensured so as to warn the management about the participation in the strike. The report of the demonstrations should be sent to the All India Unions/ Forum.

TOWARDS THE STRIKE ON 21-22 APRIL TO DEFEND AND REVIVE BSNL

GOVERNMENT AND MANAGEMENT SHOULD ENSURE JUSTICE TO BSNL

SAVE BSNL – SAVE NATION

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LIC EMPLOYEES TO STRIKE ON 9TH MARCH AGAINST LIC AMENDMENT ACT

05 Thursday Mar 2015

Posted by VAN NAMBOODIRI in General, Neo-liberal policy, PSU

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Bill, FDI in Insurance, strike

All India Insurance Employees Association (AIIEA) has called upon the LIC employees to go on strike on 9th March 2015, protesting against the passing of the Insurance Amendment Act in the Lok Sabha, increasing the FDI from 26% to 49%. The Insurance employees have been strongly opposing the bill and had warned the government that they will go on strike if the bill is passed.

In passing the bill, the Congress party played a dirty game. It absented itself from voting on the opposition moved resolution opposing the bill. This helped the government to easily pass the bill.

We fully support the strike of the LIC employees!

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