CITU opposes disinvestment in VSP

May 04, 2015 12:00 am | Updated 06:02 am IST - VISAKHAPATNAM:

CITU has opposed disinvestment in Visakhapatnam Steel Plant by selling 10 per cent stake.

The sale of 27 per cent equity of Hindustan Zinc to Vedanta Group should be stopped and the profit-making HZL reopened, CITU State vice-president Ch. Narsinga Rao said in a memorandum submitted to Union Minister of State for Labour Bandaru Dattatreya.

HPVP (BHEL) and HSL should be given work orders and the proposal to amend the Major Port Trust Act should be dropped, he said in the memorandum.

Mr. Narsinga Rao opposed amendments to the Industrial Disputes Act, 1947. He was also against making Contract Labour Act applicable to units above 20 workers. District INTUC president Mantri Rajasekhar wanted minimum wage increased to Rs.13,000. Bharatiya Port and Dock Mazdoor Mahasangh president K. Bhavani Shankarudu and BMS national vice-president M. Jagadeeswara Rao urged the Minister to open ESI corporate office for the East Coast in Visakhapatnam. .

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