Privatisation

Privatisation of Railways

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.

 

On Privatisation of Coal Mines

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.

Coal A National Resource

Following the Supreme Court order quashing the allocation of 214 coal blocks the Modi Government seems to have decided to promulgate an ordinance empowering the government to take back these coal blocks and reallocate them to private entities through an e-auction.This completely nullifies the coal nationalization Act of 1973. Coal was nationalised as a precious national asset required for the country’s development especially to provide energy resources to the people. By an open market e-auction this objective would be negated. In any case such a decision cannot be taken unless the parliament enacts a legislation nullifying the 1973 Act.