DCI staff union decries strategic sale file clearance

DCI staff union decries strategic sale file clearance
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The DCI Non-Executive Employees’ Union (CITU) condemned the clearing of company strategic sale file by Union Minister of State for Shipping Mandaviya who assured the striking employees that there was no such proposal during his recent visit to the city.

Visakhapatnam: The DCI Non-Executive Employees’ Union (CITU) condemned the clearing of company strategic sale file by Union Minister of State for Shipping Mandaviya who assured the striking employees that there was no such proposal during his recent visit to the city.

Seeks state government’s intervention as it affects state interests also

Union honorary president V S Padmanabha Raju at a media conference here on Thursday demanded that the Central government immediately roll back its proposed strategic sale of 51 per cent of company share failing which the employees would strike the work indefinitely. The DCI, he saidm has been securing profits since its inception in 1976 and playing a key role in attending the dredging works of all major and non-major ports in the country.

The company, which was floated with an initial capital of Rs 28 crore, has now reached about Rs 5,000 crore besides the company has entered into an MoU with the AP government for establishing a Dredging Institute at a cost of Rs 800 crore at Antarvedi. He said in the past 10 years, the company has remitted a sum of Rs 213 crore in the form of taxes to the Centre.

Since the day-1 of the proposed strategic sale of the company, the employees have not only resorted in various forms of protests but also observed one day total strike on April 11 demanding the Centre withdraw its proposal. Padmanabha Raju asked how the Union Minister of State for Shipping would clear the file who himself assured the striking employees during his visit to the city in the presence of MP K Hari Babu.

He also sought the intervention of the atate government as the strategic sale would also affect the state interests. Union general secretary N Narasinga Rao and working president P Venkata Rao were also present

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