The Central government has taken decision to list all the PSUs making profit for the last three years in the market for disinvestment / strategic sale.The expected amount to the government through strategic sale /disinvestment for the next financial year is a whooping Rs. 72,500 crore. There are 71 PSUs making profit continuously.

The Modi government is aggressively continuing its ‘selling the family silver’ to benefit the private corporates and big business. Whatever disinvestment or strategic sale so far done has shown how the people’s wealth is being handed over to the corporates for paltry sums.

Not only the trade unions, but a massive movement by the people is needed to stop this anti-national move of disposing of the nation’s wealth.