• ‘My Story’ by Com. Jyoti Basu
  • About
  • Settlement of Medical Bills of Pensioners
  • Historic Victory!
  • Disclosure Policy

VAN Namboodiri's Blog

~ Welcome to V.A.N. Namboodiri's blog…

VAN Namboodiri's Blog

Tag Archives: Strategic Sale

Air India may be put up for Strategic Sale – Finance Minister

28 Sunday May 2017

Posted by VAN NAMBOODIRI in General, PSU

≈ Leave a comment

Tags

Air india, Strategic Sale

The Finance Minister Arun Jaitley’s statement that Air India may be put up for strategic sale has shocked the nation. Air India and Indian Air Lines were both profitable, but after compulsory merger by the government, the merged Air India became loss making. The unnecessary purchase of planes, almost three times its requirement, at the behest of the then Minister Praful Patel and wrong policy decisions are the main reasons. For the last three years, Air India has reduced its losses and has posted operational profit. The deficit is mainly due to the depreciation for the assets like planes etc.

Probably the government may have a feeling that once Air India becomes profitable, it will be difficult to privatise it. Hence the urgency to implement strategic sale of this great PSU.

It is no different with BSNL. Once it is posting operational profit, NITI Ayog has recommended its closure or privatisation.

The Modi government in its privatisation madness, is going to destroy all the Public Sector Units one after another. This madness has to be cured by the sustained struggle of the workers with the full support of the people, who are the real sufferers.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

Government moves for strategic sale of BEML

07 Tuesday Mar 2017

Posted by VAN NAMBOODIRI in PSU, Uncategorized

≈ Leave a comment

Tags

BEML, PSU, Strategic Sale

The profit making PSU, Bharat Earth Movers Limited (BEML) is in the process of being strategically sold. It is reported that this PSU which has got assets to the tune of Rs. 56,000 crore and has always posted profit is being strategically sold for only Rs. 1,000 crores to Reliance. The assets of the nation is being gifted to the Reliance on a silver plate. About 70 such PSUs, including BSNL and MTNL are proposed to be sold as per the recommendation of NITI Ayog.

Mighty struggle against the government’s anti-worker, anti-national policy is the need of the hour.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

27 Central PSUs under Strategic Sale Radar.

03 Monday Oct 2016

Posted by VAN NAMBOODIRI in General

≈ Leave a comment

Tags

BSNL, MTNL, Strategic Sale

On the basis of the Niti Ayog recommendations, the Department of Investment and Public Assess Management (DIPAM – the new name for the former Department of Disinvestment) is moving for the strategic sale of 27 central PSUs. The names come out include Container Corporation of India, Bharat Earthmovers Ltd, Certification Engineers International Ltd., Hindustan Newspapers Ltd., Scooters India Ltd., Air India etc. BSNL and MTNL were reported to be in the list, but immediately Niti Ayog issued a denial. It is clear that the denial was only to hoodwink the workers in these two PSUs and take them by surprise later to avoid agitation.

The Central Trade Unions have to focus these issues in a massive and prepare the workers for a serious fight. The Forum of BSNL Unions and Associations as also the Forum of BSNL/MTNL Unions / Associations should start preparations for a serious sustained struggle to defeat the ill-conceived moves of the NDA government.

Bajpai Government sold VSNL to Tata. Are the BSNL and MTNL unions and workers going to allow strategic sale of BSNL and MTNL being planned by the Modi Government?

The answer is a big NO.  BSNL Workers defeated the decisions of the government to disinvest and impose VRS/CRS. They will defeat the move for strategic sale also.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

Vedanta Group wants purchase of balance shares of BALCO and Hindustan Zinc.

22 Monday Aug 2016

Posted by VAN NAMBOODIRI in Disinvestment, PSU

≈ Leave a comment

Tags

BALCO, HZL, Strategic Sale

During Bajpayee government BALCO and Hindustan Zinc Limited was handed over to Vedanta  Group through strategic sale. 51% in BALCO and more shares  in HZL was sold at that time. Vedanta Group now wants all the shares to be purchased so that it will get control of all the assets of the company without any government control. The UPA government did not take any decision in the matter earlier. Such handing over will be against the interest of the nation and the workers. It should not be allowed.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

DEFEAT GOVT. MOVE FOR STRATEGIC SALE OF BSNL AND MTNL !

20 Wednesday Jul 2016

Posted by VAN NAMBOODIRI in BSNL, Disinvestment, Forum, SAVE BSNL CAMPAIGN, Telecom TU Movement 1991-2015

≈ Leave a comment

Tags

BSNL, MTNL, Strategic Sale

BSNL has always been a target of both the UPA and NDA governments to be attacked and finished. BSNL was formed as a PSU with the intention of privatising after some time. As all know, telecom sector with its huge profit, has always been a paradise for the corporates, Indian and foreign. BSNL stands as a challenge to these corporates for minting unlimited profits. The government company had to be either killed or gradually privatised through disinvestment. In order to achieve this, BSNL has to be discredited, made loss making so that there will be on reaction from the public. The continuous growth of BSNL for the first five years was a shock to the government as well as the corporates. The move of the government to reduce the number of employees through VRS was defeated by the complete strike and sustained struggles of the workers who stood together like a rock. Move to disinvest was also defeated in the same way.

It is at this time that the government intervened and cut the entire equipment procure programme of BSNL, not once but thrice. It was just like sending an army in the forward area without arms and ammunition. Only through a magnificient strike, the damage could be lessened, which at least allowed the company to move slowly forward.

The posting of loss for the last four years encouraged the government to bring their long pending agenda of privatisation to the forefront. The proposal of NITI Ayog for strategic sale of BSNL and MTNL is nothing but handing over the companies to the corporates for garnering huge profits and grab the lakhs of acres of land in the centre of towns. People know how Maruti, the country’s prestigious company, was transferred to Japan’s Suzuki. People know how VSNL, another telecom company was handed over to Tata for a pittance.

The NITI Ayog’s present recommendation is a jerk action, seeing that BSNL is being revived after the joint efforts of the management and the workers under the leadership of Forum of BSNL Unions/ Associations. ‘Customer Delight Year’, ‘Service With A Smile’, ‘Free Night Call’ and such other programmes have improved both service and the financial position. There is an operational profit of about Rs. 2,000 crore this year and there may be real profit from next year. In such a situation, the government will not be able to implement its sinister schemes. Hence the government’s urgency to move with lightning speed for strategic sale.

The workers of BSNL will never allow a VSNL in BSNL. BSNL is their bread and butter. More than that, it is the pride and glory of the country, which served them dedicatedly and sincerely for the last one and half century with out fail. The telecom workers have a glorious past of fighting against wrong polices of the government. They will march ahead in this struggle path with maximum unity and determination.

We call upon all the Unions and Associations in BSNL to close their ranks immediately and come together under the Forum of BSNL Unions and Association to fight and defeat the sinister move of the government to kill BSNL and MTNL. The internal and other differences have to be kept aside at this crucial juncture. It is just like a national emergency for the BSNL and MTNL employees.

Remember how the private management of VSNL, ITDC Hotels, BALCO etc. after privatisation, retrenched the women workers, SC/ST employees and then more than half of the employees on one pretext or other, pushing them to the crowd of the crores of unemployed in the country. Some of them even committed suicide without finding themselves unable to maintain their families. All the assurances were broken and the workers were thrown to the steets.

Do we in BSNL want such a situation? NO! We will fight and defeat the  ugly monsters who wants us to be thrown to the streets. Let each and every worker come under the mighty Forum to save BSNL and save their own future!

UNITY FOR STRUGGLE !

STRUGGLE FOR UNITY !

UNITY AND STRUGGLE TO DEFEND BSNL AND OUR EXISTENCE !

 

 

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

CITU Condemns Govt. move to disinvest strategic profitable PSUs

05 Friday Feb 2016

Posted by VAN NAMBOODIRI in CITU, PSU

≈ Leave a comment

Tags

CITU, Disinvestment, Strategic Sale

Centre of Indian Trade Unions (CITU) has strongly condemned the move of the NDA government to disinvest the globally competitive engineering giant BHEL, the profitable oil PSUs like ONGC, HPCL, BPCL,  the Defence sector PSUs like BEML, HAL etc which are already shortlisted for the strategic sale. This is tantamount to putting the country on sale, reflecting the desperate economic condition in the country, despite the high sounding claims of the government.

The CITU called upon the workers to be ready for a serious struggle against disinvestment and strategic sale of the PSUs. It has called upon its unions to organise protest at each work place and also through sending fax/ emails to Union Finance Minister and the Prime Minister demanding ‘Stop disinvestment in PSUs; No to strategic sale’.

Share this:

  • Facebook
  • Twitter
  • Print
  • Email

Like this:

Like Loading...

Welcome to my blog…

Welcome to my personal blog. Kindly let me know your comments and suggestions...

Blog Stats

  • 1,557,331 hits till today

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 3,343 other subscribers

Facebook link

Facebook link

Flag Counter (Latest)

free counters

Tag Cloud

78.2% 78.2% IDA AIBDPA Air india black money Bonus BSNL BSNLCCWF BSNLEU BSNL for Better Service BSNL strike Casual labour CEC CG employees CITU closure CMD CMD BSNL Contract workers corruption CPI(M) Cuba death anniversary Defence Delhi Dharna Disinvestment DOT EPF EPFO FDI Forum Gratuity Greece India India corruption Kerala Left Parties Merger Minimum Wage MTNL National convention NCCPA NPA opposition Palestine Parliament. Parliament March penalty pension Pensioners privatisation Protest PSU PSU Banks PSUs Railways Revival of BSNL Save BSNL SBI SC Spectrum Spectrum Auction strike Telecom Telecom TU Movement Tower company TRAI US VII CPC Vodafone W.Bengal Wage revision wages WFTU

Categories

  • 2G Scam Corruption
  • AIBDPA – BSNL DOT Pensioners
  • AUAB
  • B.N.Ghosh Book
  • BSNL
  • BSNL – Better Service to the Nation
  • BSNL News
  • BSNLCCWF – Casual and Contract workers
  • BSNLEU
  • CG Employees
  • CITU
  • coal gate scam
  • Corruption
  • CTU
  • Disinvestment
  • Forum
  • General
  • General Elections 2014
  • History
  • IDA
  • Independence Struggle
  • India Left
  • Kerala
  • Kerala floods
  • Kerala LDF Government
  • Left News
  • Membership Verification
  • NCCPA
  • Neo-liberal policy
  • News
  • Obituary, Tributes
  • P&T TU History
  • P&T TU Movement
  • Parliament
  • Pension
  • Politics India
  • Post
  • Postal Service
  • Price Rise
  • privatisation
  • PSU
  • Railway
  • Railway
  • SAVE BSNL CAMPAIGN
  • SCFWA
  • Spectrum
  • Sustained struggles
  • Telecom
  • Telecom TU Movement 1991-2015
  • Train Journeys
  • TU News
  • TU News – India
  • TU News – International
  • TU News – Telecom specific
  • TUI of P&R
  • TUI of Pensioners and Retirees
  • Uncategorized
  • VII CPC
  • VII Membership Verification
  • VISIT THE PAST
  • Wage Revision BSNL – 2017
  • WFTU
  • Women
  • WORLD NEWS

Blogroll

  • BSNLEU CHQ Website

Archives

  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • July 2010

Meta

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.com

Meta

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.com

Pages

  • ‘My Story’ by Com. Jyoti Basu
  • About
  • Disclosure Policy
  • Historic Victory!
  • Settlement of Medical Bills of Pensioners
  • RSS - Posts
  • RSS - Comments

Blog at WordPress.com.

  • Follow Following
    • VAN Namboodiri's Blog
    • Join 488 other followers
    • Already have a WordPress.com account? Log in now.
    • VAN Namboodiri's Blog
    • Customize
    • Follow Following
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar
%d bloggers like this: