INTUC decries disinvestment of profit-making PSUs

INTUC national president G. Sanjeeva Reddy on Tuesday said all the central trade unions had come to a common platform to oppose disinvestment in Rashtriya Ispat Nigam Limited (RINL) and other profit-making public sector units.

Addressing a press conference here after interacting with top officials of various industries, he said after formation of coordination committee of central trade unions, they had decided to insist on handing over loss-making PSUs to workers by granting working capital and interest-free loan to achieve a turnaround.

He said a meeting of all the central trade unions would be held in New Delhi on September 4 to finalise a plan for a three-day strike for the first time in all the government and private establishments including railways.

To a question, he admitted that the INTUC was close to the Congress and the UPA Government at the Centre. However, despite closeness there was no compromise on opposing the ‘anti-labour’ policies pursued by the government and described how they had gone on an all India strike several times in the past.

BHPV merger

Mr. Reddy exuded confidence that the merger of Bharat Heavy Plate and Vessels with Bharat Heavy Electrical Limited would materialise soon. He said the Cabinet note was ready and it would be placed before the Union Ministry within a month. On the efforts to shut down operations of Hindustan Zinc Limited at its zinc smelter plant here, he said they were facing problem with regard to availability of raw material.

Demanding abolition of contract labour in posts of permanent nature, he said their union was striving for securing a payment of minimum Rs.10,000 to a contract worker. In most cases, job aspirants were being exploited due to underemployment.

INTUC State general secretary K.S. Mohan Kumar, district president Gadasala Appa Rao, Visakha Employees’ Congress general secretary Mantri Rajasekhar and deputy general secretary N. Ramachandra Rao were present.

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