
| NEWSNOTES CITU opposes McKinsey proposal for Dismantling SAIL
From India News Network (INN) N ew Delhi, June 23: CITU records its indignation and protest against the hell bent move of the government of India and the management of SAIL to implement retrograde proposals of the American consultant firm, M/S Mckinsey in the name of restructuring the public sector steel giant despite opposition from the trade unions in the steel industry.CITU maintains that the report of M/S Mckinsey has nothing to help SAIL confront and survive the present crisis; rather it has a single-minded purpose to dismember, dismantle and finally demolish the SAIL network. The Mckinsey report did not mention, anything as to how to confront the extremely recessionary situation in Indian market and the phenomenon of indiscriminate dumping of foreign steel which are amongst the root causes of present ailment of public sector SAIL. Rather the so called restructuring proposal articulated by the Foreign Consultant firm contains, in its operative part, a number of actions relating to closure and hiving off various departments, and units of SAIL; viz., closure of Alloy Steels plant, closure of fertiliser and cold-rolling mills of Rourkela, hiving off the excellently performing captive power plant units to joint sector, handing over the control of Salem Steel Plant to foreign company, and similar action on VISL, sell-out of IISCO plant along with its richest iron ore and coal reserves etc. The Mckinsey proposal also suggested that SAIL should be bifurcated into separate companies according to product line which is aimed at depriving the now monolithic structure of SAIL the benefit of mutually complementing roles of various steel plants and units, which is one of the main sources of intrinsic strength of the public sector monolith. All these actions suggested by the American Consultant Firm are designed to demolish public sector SAIL, being thoroughly anti-national in character. Obviously the Foreign Consultant Firm has their own agenda in suggesting "Free of charge" such measures on so called "Restructuring" or "demolishing" SAIL aimed at weakening/destroying the Indian Steel giant. CITU records its strong opposition to the measures suggested by M/S Mckinsey and urges upon the government and the SAIL not to implement the Mckinsey proposals of closures/sell-out/hive off in the least. CITU also calls upon the steel worker to unitedly organise strong opposition against the moves already taken by the SAIL management in the Mckinsey design in all the steel plants and establishments those anti-national measures. |
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