CPM seeks Nalco disinvestment rollback

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The CPI(M) on Tuesday demanded that the Centre should withdraw the decision of 10 per cent capital disinvestment from the National Alluminium Company (Nalco) soon. In a statement, the party also threatened that it would take to the street if the is not met. “The present Modi Government has adopted anti-people liberal policy in order to protect the interest of capitalists. It has decided to disinvest capital from 13 PSUs, including the Nalco,” party said in a statement. Stating that the Government is planning to taking out Rs 1200 crore from Nalco to its exchequer by way of disinvestment, the party said people of Odisha would strongly oppose the decision.

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