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Andhra Pradesh: Steel Plant Workers Agitate Against Centre s Privatisation Plan

Andhra Pradesh: Steel Plant Workers Agitate Against Centre s Privatisation Plan The Centre s decision on 100% disinvestment in Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant, has triggered massive protests in the state. A view of Visakhapatnam Steel Plant (VSP) under the corporate entity Rashtriya Ispat Nigam Ltd. Photo: Vizag Steel website Rights13/Mar/2021 Vijayawada: On March 8, Union finance minister Nirmala Sitharaman gave a statement in the parliament on 100% disinvestment in Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP). The announcement has stoked regional sentiment in Andhra Pradesh, triggering massive protests. In a written reply to a question raised by YSR Congress MP Vijayasai Reddy in the Rajya Sabha, the finance minister declared that the central government will divest 100% of its equity in the RINL along with the the PSU’s stakes in subsidiaries and joint ventures through strategic

India: Union betrays more than 3-month-long strike by Toyota workers in Bangalore

India: Union betrays more than 3-month-long strike by Toyota workers in Bangalore Despite the enormous militancy and courage shown by over 3,000 striking workers attached to two Toyota Kirloskar Motors (TKM) plants near Bengaluru, the capital of the southern Indian state of Karnataka, the more than three-month-long strike against speed-ups and witch-hunts against militant workers by management has ended in defeat. The company successfully engineered a split in the leadership of the TKM Employees Union (TKMEU) to conclude the sell-out earlier this month. Toyota workers and Karnataka farmers stage joint procession in Bengaluru After the company persuaded a faction of the TKMEU executive committee to sign an “undertaking” on company terms, management declared on March 1 that the union had agreed to end the strike. Although the rest of the TKMEU leadership initially rejected the company’s claims and vowed to fight on, the union performed an about-face two days later and ordered

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