Tag Archives: privatisation

New Attack on Ordnance Factories

27 Saturday May 2017

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The 41 Ordnance Factories in the country which has been manufacturing equipments for the defence are are in danger of closing down or privatisation. The first step in to bring private participation. The private companies have been clamouring for permission to enter in to the much profitable defence market. Lakhs of crores of rupees are spent every year for defence production and purchases.

The government has issued directive to the army to 87 items for its use from the private companies. It has called for the details of the items of the defence productions and also the land owned by it. The meaning is clear. It wants to hand over a good portion of the defence production and land to the corporates and private business.

The security concerns are being ignored. Workers interests as well as that of the country are given a go-bye. Yes, every day, it is being made clear that this is a government of the Corporates. Completion of three years by Modi is being celebrated by attacking the Defence Ordnance Factories.

Trade Unions oppose privatisation of Kozhikode Railway Station

13 Saturday May 2017

Posted by in TU News - India

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The trade unions and the people of Kozhikode are strongly opposing the government decision to hand over the Kozhikode Railway Station to private business. It is being done in the name of modernising the station, but in fact is a real estate business offered to private companies. 4.39  acres of railway land will be allotted on lease for 45 years or more to the company at the rate of Re.1 for one square metre.  The company can built malls, hotels and other such facilities. But the charges will be sky high as already seen when the airports were privatised. There will be no space to develop the infrastructure of the station. This is nothing but a sell out of this important 129 years old station to the private.

In the massive meeting held at the railway station premises on 11th May 2017, all the trade unions and service organisations, except BMS, participated and opposed the privatization move. CITU, INTUC, HMS, AITUC and other Central trade union leaders were present as also the service organisations. I also spoke on the occasion and mentioned about the struggles organised in BSNL against disinvestment and privatization.

The Action Committee formed against the privatisation of the Kozhikode Railway Station has planned many agitational programmes. The ill-move of the government has to be opposed and defeated.

Privatsation of Chennai, Kozhikode Railway Stations.

21 Friday Apr 2017

Posted by in Neo-liberal policy, TU News - India

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As part of implementing the Bibek Debroy report, central government is proposing to privatise many railway stations in the name of modernisation, providing more facilities etc. Chennai and Kozhikode are two of these railway stations.

The intention is to hand over the railway stations to the private so that the latter can utilise the land, construct buildings, do their business and garner huge profit. They will loot the travellers by increasing price  for everything in the station, including food. The hard experience of the privatisation of airports is before us.

This attack on the Railways and the public/travellers has to be opposed and defeated as was done in the case of privatisation of Chennai and Kolkata airports by the people of T.Nadu and W.Bengal. It is appreciated that the trade unions, on the initiative of the  railway unions, have opposed the anti-worker  anti-people decision.

Prepare for serious struggle against closure / strategic sale of BSNL

03 Sunday Jul 2016

Posted by in BSNL, BSNL - Better Service to the Nation, BSNLEU, Disinvestment, Forum, General

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It is reported in Hindu that BSNL, Air India etc. are recommended to be closed / strategically sold by NITI Ayog (former Planning Commission) along with many other loss making PSUs. It is also reported that the government may not accept the recommendation in the case of BSNL immediately, since the government fear stiff opposition from its 2.5 lakh employees. ITI is already in the list. It is also reported that the government will start with ‘low hanging fruit’ and later proceed with the big catch.

The intention of the government is very clear. It wants to handover the most profitable telecom sector completely to the private, including BSNL. VSNL is already sold. BSNL seems to be the next target, since Delhi based MTNL, may be the last target because of its being in the capital of the country with all government offices, including that of President, Prime Minister, Defence establishments etc.

Its inability to impose VRS and disinvesment in BSNL earlier, due to strong protest and agitation from the workforce, only is keeping the government from privatising/closing BSNL. Any weakening of the Forum / united movement of the workers will be utilised by the government to implement its dark agenda. The workers can not be caught unawares.

Strengthen Forum of BSNL Unions/Associations to fight against privatisation/closure of BSNL!

Modi Government continues its attack on PSUs

15 Wednesday Jun 2016

Posted by in CITU, PSU

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The Modi Government has decided to privatise many government corporations and to sell up to 51% to private in some other corporations. It seems that as per this decision, the BJP government will dispose almost all the central PSUs to the private in the name of garnering funds for the government.

Thousands of acres of land in various metro cities owned by these corporations are going to be handed over to the private companies from meagre amounts. Existing employees of these PSUs will lose jobs, once these are transferred to private.

The Central trade unions and the public sector unions have to confront this all round attack and defeat the government conspiracy. Otherwise, there will be no central PSUs by about one decade.

Oppose privatisation of IDBI Bank

02 Saturday Apr 2016

Posted by in Disinvestment, PSU

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The fully unjustified move of the central government to privatise the IDBI Bank has to be opposed and defeated. The employees of the Bank had gone on 4 days full strike from 28th March protesting against the move of the government. The plea of the government that there is NPA (bad loan) of more than Rs.19,000 crore is no justification for the same. It is only due to the political intervention and policy of the government that such NPA is happening as in other banks.

Privatisation of IDBI will be the first step in privatising the other PSU Banks. Oppose and defeat this game of the BJP Government, which is intended to help the private banks and corporates.

Employees to strike on 28 March against privatisation of IDBI Bank

17 Thursday Mar 2016

Posted by in Disinvestment, General

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The 32,000 odd employees of the IDBI Bank will go on a one day strike on 28th March 2016 against government move to privatise the bank. The privatisation move is part of the government’s anti-PSU policy. The government has recently started an anti-PSU Bank move.

IDBI Bank employees protest against privatisation

28 Saturday Nov 2015

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IDBI Strike

Over 30,000 employees of IDBI Bank  organised  one-day strike on 27th November 2015 protesting  government’s move  to privatise the Bank.

The employees organised the programme as per the call of  of United Forum of IDBI Officers and Employees, supported by All India Bank Officers Association.

At present, the government holds 76.5 per cent stake in IDBI Bank.

The government indirectly controls 29.19 per cent in Axis Bank through the administrator of the Specified Undertaking of the Unit Trust of India (SUUTI), Life Insurance Corp and four other public sector general insurance companies.

“We are against the government plans to sell its stake to private players. It wants to achieve its disinvestment target of Rs 69,500 crore through this,” union stated. (Courtesy: PTI)

Govt. plans to sell PSUs – HMT, Tungabhadra Steel Limited.

14 Saturday Nov 2015

Posted by in BSNL News, PSU

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The government seems to be in a move to sell the loss making HMT and Tungabhadra Steel Ltd. It is reported in the press that the government is proposing to sell profitable PSUs also after the loss making PSUs are sold.

It is well known that,in order to close or sell the PSUs, the government, the owner itself, takes measures that will make even profitable PSUs to loss making. Take the case of ITI, BSNL, MTNL etc. All of them have become loss making only due to the anti-PSU policy of the government, whether UPA or NDA. In destroying PSUs both of them are in the same camp. Only that NDA government is more aggressive in the matter.

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.