Govt.to invest Rs. 8.5 Lakhs Crore for Indian Railways – MoS Finance

03 Thursday Sep 2015

Posted by in Disinvestment, General, Neo-liberal policy

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According to the Minister of State for Finance, Jayant Sinha, the government will invest Rs. 8.5 lakh crore for the Railway Sector. The amount is being invested to change the face of the sector, the MoS stated.

The reality is something different. The government has already decided for private participation in the Railways. These Rs. 8.5 lakhs will be utilised to ‘make it easy’ for the corporates to run the railways. It is to be remembered here that the government (Airport Authority) spent thousands of crore of rupees for the modernisation  of Chennai and Kolkata Airports. Immediately afterwards, the government decided for private participation of these two profitable airports with about Rs.200 – 300 crore of investment from corporates. It was only due to the strong opposition from the Airport employees as also the public that the government was compelled to defer it.

In Railways also, the investment will be from the Government and the profit will go to the private. Why the government could not think about the investment before any private participation was thought of. It is clear. PPP means, funds from the Public and the Profit for the corporates! Of course, Modi Government has to repay the huge election funds got from the corporates and big business.

 

Lifting regulation in Gas – Government moves fast

03 Thursday Sep 2015

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The government is moving fast taking away regulation of natural resources, one after another. Petrol and Diesel have been put to market vacillation; Now it is gas!

The Modi Government has decided to throw open the gas market also. 69 gas fields of ONGC / OIL will be released for the private companies as part of this.

Privatisation is being brought in many ways. All know that ‘Business is not the business of government’ is the slogan of the Modi Government.

The working class has to continue the fight against mindless privatisation.

 

 

SAIL on Modernisation move – Rs. 7,500 crore in this financial year

03 Thursday Sep 2015

Posted by in PSU

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Steel Authority of India Limited (SAIL), a Maharatna PSU, has a plan of modernisation of Rs. 75,000 crore  of which Rs. 58,000 work is over. This year  an amount of Rs. 7,500 crore will be invested by March 2016.

Vietnam celebrates 70 Anniversary of its Independence

02 Wednesday Sep 2015

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ss-vietnam-national-day-06-jpo.nbcnews-ux-1024-900Communist Vietnam celebrated its 70 Anniversary of its Independence today 02-09-2015 with pomp and magnificent parade. On this occasion we greet the Vietnam people for their great and sustained struggle for their freedom and also for building a Communist Society!

Red Salute to Comrade Ho Chi Minh on his 46th Death Anniversary!

02 Wednesday Sep 2015

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Ho-Chi-Minh

It was this frail old man, Comrade Ho Chi Minh, who led the revolutionary struggle against French Occupation and US heinous attack on Vietnam and utterly defeated them compelling them to run away from the occupied country. He was a Communist leader who faced the mighty US military with his guerilla forces supported by the entire nation.

Red Salute on the 46th Death Anniversary of Uncle Ho!

NCCPA Triennial Conference on 6-7 Nov. at Kolkata

02 Wednesday Sep 2015

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The Third Triennial Conference of NCCPA will be held at Kolkata from 6th to 7th November 2015. The Reception Committee is making all arrangements for the effective conduct of the Conference.

Com.Retnambal retired from Service – Best Wishes and Greeetings

02 Wednesday Sep 2015

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Com. Retnambal, Circle Asst. Secretary BSNLEU Andaman and Nicobar islands Circle retired on 31st July 2015. She was an inspiring leader who, along with Com. S.P.Kalirajan, gave life to BSNLEU and made it a mighty force. Though not a CEC Member, she was always in the CEC meetings and gave her opinion on important issues. During my visits to the Islands, both Com. Kalirajan and Com. Retnambal were always there in the front for organsing the workers.

I am sure she will continue to be  amongst the workers, now both in BSNL and outside also.

My Best Wishes and Revolutionary Greetings to Com. Retnambal.

History created – 15 crore workers on Strike

02 Wednesday Sep 2015

Posted by in BSNLCCWF - Casual and Contract workers, BSNLEU, Telecom

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Once again history is created. The General Strike today is estimated to have been participated by more than 15 crore workers. The call given by the  10 Central Trade Unions and the federations and associations of various sector unions, including CG Employees, Defence, State Govt. employees, PSUs including telecom/BSNL, have been an unprecedented success.

In BSNL, the strike has been almost complete. BSNL Employees Union had participated in all the strike called by the Central trade Unions till date.

The Casual and Contract Workers all over India participated in a big way. In states like W.Bengal, Kerala, T.Nadu, Karnataka, Assam, the strike has been complete. Reports of successful strike is pouring from all the circles.

BSNL _DOT Pensioners on the call of AIBDPA organised demonstrations in support of the Strike in many places.

The government’s claim that it is addressing the concerns of the workers has been completely rejected by the workers. Modi Government has failed to settle even one demand raised by the CTUs. While lakhs of crores of rupees are gifted to the corporates through tax waival, concessions etc. the workers and the people at large are completely ignored.

The struggle will continue for abetter deal to the workers and the common people!

Revolutionary Greetings to all the participants in the strike! You have once again created history!

Parliamentary Committee will look in to Call Drops

02 Wednesday Sep 2015

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The Parliamentary Standing Committee on IT and Telecommunications will look in to the issue of call drops in mobile phones, which is is ever increasing and has become a nuisance. One reason is lack of mobile towers, while the other is a calculated plan on the part of the telcos to increase their revenue,since call drops mean more calls and charge.

The Chairman of the Parliamentary Committee on IT and Telecom, Anurag Thackur stated that the committee will seriously consider the matter and give necessary recommendations.

Minimum Alternate Tax(MAT) – No retrospective taxes says Finance Minister

02 Wednesday Sep 2015

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The Finance Minister, Arun Jaiely, has stated that the Minimum Alternate Tax will not be imposed upon the foreign institutional investors(FII) and foreign portfolio investors(FPI) prior to April 2015.  The Income Tax rules will be changed accordingly  as per the Minister.

This is a great bonus for these investors. The government will be losing lakhs of crores of rupees due to this concession, though the FM says that there will be no loss.

The government which denies to the toiling workers a minimum of Rs.15,000 which they have been demanding for a long time, has no difficulty in waiving lakhs of crores of rupees for the corporates and the big business. This indeed is a government of the corporates, for the corporates and by the corporates.