Congress extends support to SCCL strike
Hyderabad: State unit of Congress party has extended its support to the 72-hour strike by Singareni Collieries Company Limited (SCCL) employees in protest against the Central government’s move to privatise four coal blocks in the region. TPCC president A Revanth Reddy, in a statement here on Friday said: “Even during Covid-19 pandemic, SCCL generated revenues […]
Hyderabad: State unit of Congress party has extended its support to the 72-hour strike by Singareni Collieries Company Limited (SCCL) employees in protest against the Central government’s move to privatise four coal blocks in the region.
TPCC president A Revanth Reddy, in a statement here on Friday said: “Even during Covid-19 pandemic, SCCL generated revenues of Rs 272 lakh. Despite this, the Centre is proposing to privatise four coal blocks – Kalyan Khani block-6, Koyagudem block-3, Sathupalli block-3 and Shravanapalli, belonging to the SCCL. It is the first public sector undertaking in the country with the State and Central government having share of 51 per cent and 49 per cent respectively,” he said, adding that the State government should purchase the 49 per cent stake held by the Centre as a means to stop privatisation of SCCL.
Privatisation of SCCL would affect the livelihood of nearly one lakh families, including the families of 75,000 SCCL employees. The move would also end job opportunities and leave thousands of employees jobless, he charged.
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