The Polit Bureau of the Communist Party of India (Marxist) expresses its strong opposition to the decision taken by the central government to privatise the Visakhapatnam Steel Plant (VSP) by 100 per cent strategic disinvestment of its corporate entity, the Rashtriya Ispat Nigam Ltd.
Privatisation of Railways: Self Subservience, Not Self Reliance
The Polit Bureau of the CPI(M) strongly opposes the decision for privatisation of the Indian Railways particularly the running of passenger trains by private investors over the Indian Railways network. This is the first time that this is happening in independent India. The private sector utilising the network established over centuries with all the required infrastructure will run passenger trains making super profits.
Coal is an essential input for several vital industries like power generation, steel, aluminum, fertilisers and cement. This move by the central government will result in starving domestic industries of essential inputs as now exports will be unregulated.
The Polit Bureau of the CPI(M) demands that this retrograde proposal is immediately withdrawn. At a time when the Indian economy is in a tailspin and the country is fighting the Covid pandemic, such proposals that will favour the wealthy while burdening the needy are totally unacceptable.
The Polit Bureau of the CPI(M) calls upon the people to intensify protests against the large-scale sale of our country’s assets; the disinvestment of LIC and insurance sector; unemployment, agrarian distress and further hardships and miseries being imposed on the vast majority of our people.
The CPI(M) wishes to remind the Government that the Parliamentary Committee that went into the issue of handing over heritage sites to private corporate had decided against this unanimously. It urges upon the Government to rescind its decision.
This decision of the Modi government to privatise the coal mining sector while undermining the energy security of the country will compromise with the safety and security of workers engaged in coal mines. Trade unions and the Left parties have been consistently voicing their opposition to this dangerous move.
The decision by the Union Cabinet to merge the Railway Budget with the General Budget is a unilateral step without discussion in parliament. It was parliament which was empowered to discuss railway finances and development.
Two years have passed since the installation of the BJP led government at the centre and there is growing frustration at the inability or unwillingness of the present government to provide leadership in key areas of public policy.
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