In the recent budget session, the Modi government set a target of 1.05 lakh crore disinvestment from the public sector enterprises.
The Union Finance Minister, Nirmala Sitharanman announced the disinvestment in the Parliament in the budget session.
According to the reports, the government has withdrawn over 40 CPSEs for the disinvestment which also includes the profit-making entities.
The protests are taking the spark all across the country due to the government’s plan to sell off the remarkably profit-making entities.
And as the situation seems to get really worse the Left-wing trade unions already warned the government of national-wide shutdown. The Bhartiya Mazdoor Sangh is backed by the Rashtriya Swayamsevak Sangh in the protest against the Modi government.
They have clearly asserted that they are not going to tolerate such a move by the government.
While this is happening on a national level the Workers at the Diesel Locomotive Works gave 15 days of time to the government to reconsider the privatization of the rail coach factories.
"During an election rally here Modiji had promised not to allow privatization of railways, now he is doing the opposite. We have suspended our agitation for 15 days. If our concerns are not addressed we will launch a joint agitation." Said the Labour leader at Diesel Locomotive Works.
In an interview, the general secretary, Centre of Indian Trade Unions said “The government is deliberately doing this. It has pushed these PSUs to financial stress and now making a case for their sell-off. This is nothing but sabotage of national interests."
The president of Bhartiya Mazdoor Sangh, Saji Narayan said, "We don't want to protest just for sake of protesting. We want a dialogue with the government which has just got a second term. We want to give it enough time but there will be no compromise on disinvestment."
We will have to wait and see the government’s response to the situation.