Citu opposes Centre’s plot to privatise airports
14 Feb 2015 1:35 AM GMT
The Centre of Indian Trade Unions on Friday opposed the Centre’s attempts to hand over management of vital infrastructure like airports to private corporates and called upon all the trade unions to come together and resist the move.
“CITU strongly opposes the retrograde move of the Government to privatise vital revenue earning airports of the country,” CITU said in a statement here. The Narendra Modi-led NDA government wants to handover only those airports to the private firms which are high traffic and revenue airports and in which it has already invested Rs 5,000 crore public money, the statement claimed.
“This proves beyond doubt that its a calculated move to transfer huge public assets to domestic and foreign corporate houses virtually as gift enabling them to earn huge revenue and amass enormous profit without any capital investment,” CITU said in the statement.
“CITU strongly opposes the retrograde move of the Government to privatise vital revenue earning airports of the country,” CITU said in a statement here. The Narendra Modi-led NDA government wants to handover only those airports to the private firms which are high traffic and revenue airports and in which it has already invested Rs 5,000 crore public money, the statement claimed.
“This proves beyond doubt that its a calculated move to transfer huge public assets to domestic and foreign corporate houses virtually as gift enabling them to earn huge revenue and amass enormous profit without any capital investment,” CITU said in the statement.
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