Govt. move to disinvest in 5 PSUs

13 Thursday Sep 2012

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The central government is on the move to sell shares of 5 more PSUs in the near future. The Union Cabinet which is scheduled to meet today is reported to take decision on selling of stakes of 5 PSUs viz. Hindustan Copper Limited ( 9.6%), NALCO ( 12.2%), Oil India Limited (10%), Neyveli Lignite Corporation Ltd. ( 5%) and MMTC (9.3%).The government has projected abour Rs. 18,000 crore through this sale.

This aggressive disinvest programme has been on the line in accordance with the neo-liberal policy of the government. The Central trade Unions have strongly objected to any disinvestment and ‘No Disinvestment of PSUs’ is one of the most important demands they have raised in the All India Convention held at New Delhi on 4th September 2012.

VRS for 5000 in Air India ?

13 Thursday Sep 2012

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Air India is proposing to implement VRS to retrench 5000 employees. The PSU has requested to the government to provide Rs. 1,100 crore for implementing the same. This is an exercise to reduce the existing strength of the workers in the company.  The conditions are similar which have been offered in BSNL for VRS. BSNL unions had strongly opposed and rejected the offer. BSNLEU has even threatened the management with agitation including strike if VRS is implemented.

Just like in many PSUs, there has not been recruitment in Air India also. Then what is the justification for VRS?

September 12 – Left organises Food Security Day

12 Wednesday Sep 2012

Posted by in BSNLCCWF - Casual and Contract workers, Left News

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The Left parties viz. CPI(M), CPI, RSP and Forward Bloc,  today observed “Food Security Day” demanding supply of 35 kg food grain at Rs.2 to the people. The parties demanded that the BPL, APL categorisation, which denies the food grain to a large number of poor people, should be stopped and universal supply should be made.

Demonstrations and rallies are being organised all over India with massive participation.

Air India launches B – 787 Dreamliner today

12 Wednesday Sep 2012

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Air India, the premier government Air ways, has launched the first Dreamliner B – 787 from the Indira Gandhi Airport New Delhi. The launch was inaugurated by Ajit Singh, Minister for Civil Aviation.

Let this be a wake up call and a resurgence for Air India!

Is the mobile connecctions coming down?

12 Wednesday Sep 2012

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It seems that for the first time, there is a decline in the number of mobile connections in the country. As per the reports in the press, the mobile connections in the country have come down by a few percentage in August 2012. The connections of Airtel, Vodafone, Reliance and other operators have come down. The situation of the BSNL is yet to be known. As soon as the report of the TRAI for August is published, the correct information will be known.

Is the Indian Teledensity saturated or is it  only a temporary phase?

Meeting of Central Board of Trustees, EPFO

11 Tuesday Sep 2012

Posted by in TU News - India

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Decisions of CBT meeting 200th meeting of the Central Board of Trustees of Employees Provident Fund Organization met on 7th August under the Chairmanship of Hon’ble Labour Minister, Sri Mallikarjun Kharge.The meeting paid tributes to the memory of Com. Dipankar Mukherjee, who was representing CITU in CBT from 2010.

CITU is now being represented in CBT by A.K. Padmanabhan, President.

While discussing the Action taken report of the last meeting, Trade Union representatives raised the issue of minimum pension of Rs.1000 per month, which was referred to the Govt.  It was pointed out that the decision on this is being delayed.

On behalf of the Govt., it was clarified that the Labour Ministry has already sent its proposals and also replied to the clarifications from the other ministries concerned.  This issue is under process and the decision of the Government will be known in the coming days. There are two other issues pending before the Govt. – the issue of raising the wage ceiling for eligibility from Rs.6500 to Rs.10000 and the issue of applicability of EPF to those establishments with 10 or more workers from the present 20 or more.  Trade Union representatives wanted these to be decided by the Government  without further delay.

Among the issues to be discussed in this meeting was the approval of the Application by Reliance AMC for its plan to sell 26% of its shares to Nippon Life, in insurance giant from Japan.  Reliance AMC is one of the fund managers of EPF along with State Bank of India, HSBC Asset Management (India) and ICICI Securities.  As per the terms of agreements any change in the pattern of the share holding, has to be approved by the CBT.  While it was being discussed, representatives of BMS, CITU, AITUC and AIUTUC raised apprehensions and objected to the approval while other members of CBT approved it.

On the issues of certain changes in the investment pattern, the proposals for investing in Bonds of private sector companies were adjourned for further discussions. Other proposals for recommending to the Govt., on certain changes which includes investments in Certificates of Deposits of Public Sector Banks were accepted.

It was generally stressed that the safety of the funds, the life long savings of workers, has to be given priority while deciding on investments of the funds.

 

Transfer orders of SNEA leaders cancelled – Congratulations!

11 Tuesday Sep 2012

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The unjustified and unwanted transfer orders of SNEA CHQ leaders, Coms. G.L.Jogi, President, K.Sebastin, General Secretary and A.A.Khan former AGS have been cancelled. It is based on the Delhi High Court Orders.

The Forum of BSNL Unions/Associations has strongly protested and demanded the cancellation of these orders.

Congratulations to SNEA  and Forum!

BSNL issues orders on NE – 12 payscale

11 Tuesday Sep 2012

Posted by in BSNL - Better Service to the Nation

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One more of the agreement reached on the NEPP has now been implemented by issuing orders on the NE – 12 payscale ( Rs.16390 – 33830) thus granting one more promotion to those who have reached NE – 11 payscale. This is a great achievement of implementing the Promotion Policy for the Non-Executives. This will be with retrospective effect from 22-02-2012. I am sure that even those pessimists who stated that the NE-12 will not be sanctioned will also be happy, because they also will get the benefit.

Congratulations go to all the BSNLEU and UF comrades who fought and who compelled BSNL for the issue. Thanks are due to BSNL management also for issue, even though somewhat delayed on administrative reasons.

Offensive is the best defence – Congress attacks CAG

11 Tuesday Sep 2012

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The UPA government, under the dark shadow of  one after another big scams like 2G, Coalgate, CWG etc. is on the offensive. Unable to counter the reports and also the daily exposing details of the scams, it has increased its attacks on the CAG stating that the CAG is acting on the agenda of the BJP. It is trying to defend the indefensible

The Congress is in a fighting mood. Whether it is CAG, media or the independent writers whoever exposes the Congress, the latter will use  CBI, Police, the entire state machinery to attack the former. The UPA government has become most intolerant. The people are watching carefully.

Congress, BJP thrives on corporate donations

11 Tuesday Sep 2012

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The donations to Congress and BJP, the ruling and main opposition parties, more than doubled in the five years between the two general elections in 2004 and 2009 as per information received through an RTI. The RTI information is based on the Income Tax paid by the parties.

The Congress Party’s income, as per income tax returns increased from Rs.222.07 crores in 2004-05 to Rs. 467.57 crore in 2009-10, a five-year period. During the same period, income of BJP increased from Rs. 104.12 crore to Rs. 258 crore.

Major portion of these are donations from the corporates and major trusts formed by the corporates.  They need not pay any tax for these donations from the trusts.

The amount shown by the political parties are only a small portion, since many donations are unaccounted and paid in cash. Further, donations for  less than Rs. 20,000 need not indicate the donors.

The political parties like Congress and BJP getting crores of rupees from the corporates and big business, naturally will make all efforts to safeguard the interests of the former and not the ordinary people. The big scams have already shown how the government favour the corporates.