30 years after the launch of the program of liberalisation and privatisation

Thirty years ago, on 24th July, the then Finance Minister Manmohan Singh presented the first budget of the Congress-led government headed by Narasimha Rao. Finance Minister Manmohan Singh declared that the balance of payments situation was precarious, with foreign currency reserves not enough to even pay for one month’s imports. … He then unveiled a program of major changes in policies, laws and regulations relating to trade, investment and the public sector, broadly in line with the prescriptions of the World Bank and the IMF.

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Press Release: Foundation Meeting of “All India Forum Against Privatisation” successfully held on 04th July 2021

41 National Federations, Unions and Associations representing the public sector workers in Railways, Defense, Electricity, Coal, Petroleum, Banks, Port & Docks as well as organisations of women and people have decided to come together under the banner of  “All India Forum Against Privatisation (AIFAP)” to jointly oppose the Central Government’s anti-worker, anti-people and anti-national policies of handing over public assets built with people’s money to big monopoly corporate capitalists, both Indian and foreign.

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VIzag_Steel_Plant_Bandh

Oppose the Privatisation of Rashtriya Ispat Nigam Limited!

Twelfth meeting organised by Kamgar Ekta Committee in the series  “Unite Against Privatisation!”

Kamgar Ekta Committee (KEC) organised a public meeting on 30 May 2021 to oppose the privatisation of Rashtriya Ispat Nigam Limited (RINL). It was attended by nearly 300 leaders and participants from steel, railways, insurance, port & docks, electricity, petroleum, BSNL and others.

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Oppose the Privatisation of Electricity Distribution!

Eleventh meeting organised by Kamgar Ekta Committee in the series “Unite Against Privatisation!”

Kamgar Ekta Committee (KEC) organised a public meeting on 25 April 2021 to oppose privatisation of electricity distribution. This was the 11th meeting in the series “Unite against Privatisation”. Previous meetings dealt with privatisation of railways, banks, insurance, coal, petroleum, port & docks, education sectors.  These meetings are being organised with the aim of bringing together various unions and federations of public sectors in a common struggle against privatisation.

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Refining capacity

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.

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Package 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.

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