A massive escalation of privatisation has been announced through the budget speech presented by the Finance Minister on 1 Feb, 2021. So far, the Central Government was carrying out sector by sector, or even department by department privatisation, as in the case of railways. It has now announced the plan to privatise the vast majority of public enterprises as rapidly as possible.
Continue readingTag: Privatisation
Privatisation of Petroleum Refineries is Anti-People and Anti-National
In pursuit of the imperialist aims of Indian monopoly capitalists, the Central Government is throwing all caution to the winds. While proclaiming self-reliance as a guiding principle, it is moving in the opposite direction of increasing reliance on the US and its allies. It is acting against the well-being of the people. Workers of BPCL will go on a five-day strike from 2nd to 6th November, demanding an immediate halt to the plan to privatise BPCL.
Continue reading
BPCL workers step up agitation against privatisation and for wage settlement
After a successful All India Strike on 7th and 8th of September 2020, workers of Bharat Petroleum Corporation Limited (BPCL) have decided to step up their agitation against privatisation of the company.
Continue readingCoal Privatisation and the Opposition of Mine Workers
Over five lakh workers of Coal India Ltd (CIL) and Singareni Collieries Company Ltd. (SCCL) will go on a one day strike on August 18. The unions have served the notice for the strike on August 1. From that day, the workers have launched a program of agitations in the
Continue readingPackage for industries and businesses
Acceleration of Privatisation and Concentration of Capital
Prime Minister Modi, while announcing a Rs. 20 crore package on 12th May, gave a call for “Aatmanirbhar Bharat Abhiyan” or Self-Reliant India Movement. By the time all the details of the package were announced, the actual meaning of this slogan became clear.
Continue reading