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Tag: CITU general secretary Tapan Sen

Unionists Denounces FDI In,National Carrier,Air India

[New Delhi] Unionists Denounces FDI In,National Carrier,Air India
The Centre of Indian Trade Unions (CITU) today denounced the decision of the government to allow 49 per cent foreign direct investment (FDI) in Air India, and said it was aimed at expediting the privatisation of the national carrier.
CITU general secretary Tapan Sen said today.”Actually, this is nothing but complete foreignisation of the national carrier – a public sector company with its huge asset base and a high-revenue earning international service network,”
The CITU has called upon the working class to build up a determined resistance against “such deliberate exercise” towards degeneration of the national economy and people’s livelihood both through sectoral and nationwide united struggle.
Earlier Govt Has Relaxed Its Gripe By Allowing 49% FDI In National Carrier