Sangh Parivar union arm opposes FDI and large-scale privatisation moves

BS Reporter New Delhi
Last Updated : Jul 09 2014 | 1:00 AM IST
The Bharatiya Mazdoor Sangh (BMS) and Swadeshi Jagaran Manch (SJM) said on Tuesday it was opposed to Railway Minister D V Sadananda Gowda's plan to allow foreign direct investment (FDI) or large-scale privatisation moves in the Railways.

"We criticise this budget in the strongest possible terms. The move to open Indian Railways to FDI is an indirect way of privatising the railways. This isn't their (NDA government's) budget," Virjesh Upadhay, BMS general secretary, said.

He said BMS, trade union arm of the Rashtriya Swayamsevak Sangh (RSS), will hold its working committee meeting from July 18 to 20 in Pune to decide upon a plan to protest against the railway budget. BMS has a strong presence among the 1.3 million railway employees.

Swadeshi Jagaran Manch's Ashwani Mahajan said they had welcomed the increase in passenger fare and freight rates so that it improved railways services.

"But we want the government to come clean on this 'PPP' model. We believe the country's experience with 'PPP' model has not been good in the aviation sector, where user charges have been increased by what is called 'gold plating' the airports," he said.

Mahajan, who heads SJM's intellectual cell, demanded the government release a white paper on what the 'PPP model' would entail, and whether it would lead to making railways expensive for 90 per cent of its users who are poor. Mahajan said SJM wasn't averse to privatising of operations like ticketing or even housekeeping . "But on the question of Bullet trains, the government needs to do a detailed study whether a country like India can really afford it," he said.

*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: Jul 09 2014 | 12:26 AM IST

Next Story