CITU State president Ch. Narsinga Rao has threatened to launch an agitation to press for allotment of captive iron ore mines for Rashtriya Ispat Nigam Limited.
Speaking at the joint national convention of Central Public Sector Undertakings held recently at Ernakulam, he said the BJP government had decided to go ahead with the previous UPA government’s announcement to offload 10% of equity from RINL after launching the process for privatising profit-making Dredging Corporation of India.
Major steel maker
Mr. Rao said RINL was the only major steelmaker without a captive mines and pointed how it was forced to spend more towards sourcing iron ore from Bailadilla mines by the successive governments due to denial of mines. He said the UPA government could not disinvest in RINL due to united struggle by the employees.
The CITU leader said the proposal of fixed term employment was dangerous and would lead to slavery in the PSUs.
The contract employees had to be educated on the issue, build up the unity amongst the workers and a serious agitation was necessary to confront the challenge of fixed term employment.
