Let us unite to stop privatization PSUs, CPI (M) tells parties

Let us unite to stop privatization PSUs, CPI (M) tells parties

Y. Member of the State Secretariat of the Communist Party of India (Marxist). Venkateswara Rao on Saturday instigated all parties, including ruling and opposition parties in the state, to end the race for privatization of public sector units (PSUs).

The Centre’s decision to privatize the Visakhapatnam Steel Plant (VSP) was stopped only when a second “Visakhapatnam Ukhrula Hakku” movement was cut across party lines, he realized.

The lease of all political organizations on 26 March by farmers organizations and trade unions to pressurize the central government, abolish all three agricultural laws, withdraw the power amendment bill and provide electricity support to the agriculture sector and provide statutory support. India should call for a shutdown. Minimum Support Price (MSP) at a time when the market price of almost all agricultural produce has fallen below the MSP, which is ruling with corporate firms.

Captive Mines for VSP

Advocating a level playing field for public sector undertakings, he said that if the VPN was allocated for it, the VSP would make a change.

Shri Venkateswara Rao said that private sector units functioned more efficiently than PSUs. He said that privatization of PSU banks, railways and PSU telecom companies should be stopped at any cost.

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