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    Trade unions protest against privatisation of PSUs, railways

    Synopsis

    The 10 central trade unions who had joined the nationwide protest on Fridya included the Congress-backed INTUC, Left’s CITU and AITUC and others like AIUTUC, HMS, TUCC, SEWA, AICCTU, LPF and UTUC, within less than two months of their first nationwide protest in May 22 against the labour laws changes by states.

    Agencies
    The central trade union said Covid-19 has resulted in 14 crore workers losing their jobs in the three months and the number could go up to 24 crore if we add the daily wagers, contractual labourers and casual workers.
    Central trade unions staged a nationwide protest on Friday against what they call as anti-worker, anti-farmer, anti-people and anti-national policies of the government, submitting their memorandum to the labour minister during the day.

    The 10 central trade unions who had joined the nationwide protest on Fridya included the Congress-backed INTUC, Left’s CITU and AITUC and others like AIUTUC, HMS, TUCC, SEWA, AICCTU, LPF and UTUC, within less than two months of their first nationwide protest in May 22 against the labour laws changes by states.

    In the memorandum, the CTUs have reiterated their opposition to disinvestment saying privatisation of public sector enterprises, opening up sectors like Indian railways, defence, port and dock, coal, Air India, banks, insurance and privatisation of space science & atomic energy are steps in favour corporates of Indian & foreign brands to usurp natural resources and business of the country.

    “Government has most insensitively dealt with the problem of COVID 19 as a law & order issue instead of treating it as a medical emergency for the human being and society,”CTUs said in a joint statement on Friday, adding that it has caused immense miseries to millions of workers, farmers and other vulnerable sections of the society.

    The central trade union said Covid-19 has resulted in 14 crore workers losing their jobs in the three months and the number could go up to 24 crore if we add the daily wagers, contractual labourers and casual workers.

    “The MSMEs themselves are reporting that 30% to 35% units may not be in position to start their activities,” it said citing excerpts. The CTUs added this joblessness would result in increase in malnutrition, hunger related deaths and would eventually result in depression and suicides amongst workers.

    According to CTUs, minister of labour and employment Santosh Gangwar and labour secretary Heeralal Samariya met the leaders of CTUs and accepted their memorandum after protests outside the labour ministry.

    (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

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    3 Comments on this Story

    Suresh G31 days ago
    The Indian tax payer has long suffered in having to subsidise PSUs suboptimally run. Let's understand clearly that it is the government interference that makes them run sub optimally, delaying decision making and not being able to respond to market conditions as quickly as one would desire to do. The solution is not exactly privatisation of ownership, but taking the yoke of government officialdom off their back and give more autonomy. But given the economic and health crisis one cannot blame the government if they choose to privatise these entities to improve its own liquidity. It is time trade unions realise that. The public simply cannot carry them on, unless strategic interests demands so.
    A Lone Ranger33 days ago
    All PSU’s must be restructured like private enterprises to be sustainable & viable economic entities.
    Government should provide safety net to workers in form of unemployment allowance to defang and make all the unions irrelevant.
    Many unions are basically politics of vested interests by proxy in disguise to save workers.
    AG33 days ago
    Everyone should protest the selling off of national assets by fekuchacha.
    The Economic Times