Divestment: Salem Steel Plant workers to strike work on Apr 3

Image
Press Trust of India Coimbatore
Last Updated : Mar 31 2017 | 10:02 PM IST
The employees of Salem Steel Plant would strike work on April 3 opposing the proposed disinvestment in three public sector steel plants, including their unit.
The employees also decided to join the protests by their counterparts in Vishveswaraiah Iron and Steel Plant in Karnataka and Alloy Steel Plant in West Bengal from April 11 if the government failed to withdraw its decision to sell the shares to private parties by then, CITU sources said.
When the Steel Authority of India (SAIL), under which the plants were functioning, was making profit, there was no need to sell the Salem plant to private parties, they said.
Tamil Nadu government should adopt a resolution in the assembly opposing the divestment and MPs from the state should raise the issue in Parliament, they said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 31 2017 | 10:02 PM IST

Next Story