Agitated over the Union Cabinet’s decision for strategic sale of government’s equity of 73.47% in Dredging Corporation of India (DCI), employees of the company went on a lightning strike on Tuesday.
Braving hot sun, the employees raised slogans against the Centre’s decision for privatisation of the profit-making category-I mini ratna company and did not allow Chairman and Managing Director Rajesh Tripathi, Director (Finance) S. Charles and other officials to go into the office located in the port area. The employees, including executives, also staged a day-long sit-in in front of the main gate bringing the functioning of the head office to a standstill.
They waved banners and placards and raised slogans to press for saving DCI.
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DCI is ranked one among top 10 dredging companies in the world and since its inception in 1976 it has been earning profit without any fail.
DCI Non-Executive Employees’ Union honorary president V.S. Padmanabha Raju said the employees took mass casual leave on Tuesday and decided to intensify their strike if the NDA Government did not withdraw its decision for 100% disinvestment in the company. He said they would serve a notice to go on strike from December 16 if the decision was not shelved.