AIIEA vows to oppose disinvestment move of PSUs

All India Insurance Employees Association (AIIEA) today vowed to oppose any disinvestment move of PSUs including privatization of the Insurance sector.
"We will strongly oppose the government move to privatize the Insurance sector as well as disinvestment of PSUs," AIIEA President Amanulla Khan here.
Khan, who has inaugurated the three-day 4th Triennial General Conference of East Central Zone Insurance Employees Association (ECZIEA), said NDA government has planned to disinvest PSUs including the General Insurance companies - United India, National Insurance, Oriental Insurance and New India Assurance - to earn 60,000 crores this fiscal, which we will strongly oppose.
"We will observe a day-long strike the day the government would float the shares of these companies in the market," Khan said while talking to newsmen.