‘Selling family silver’: CP(M) supports employees’ strike against BPCL sale
The Communist Party of India-Marxist (CPI-M) has extended its support to a proposed countrywide strike of BPCL employees on November 28 against the privatisation of the public sector enterprise, saying that the move is “completely detrimental to India’s sovereignty.”
“The Polit Bureau of the CPI(M) extends its support to the countrywide strike by all unions of BPCL on November 28. The CPI(M) has already announced a month-long campaign against privatisation of PSUs in December,” said the party in a statement on Thursday.
“In order to meet its profligate expenditure, mostly on propaganda and spin, this government is selling public assets to meet a target of raising Rs 1.10 lakh crore. In the process, productive and value-creating PSUs are being sold to promote their crony corporates to gain strategic control of the Indian economy,” added the party.
