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DCI staff to launch relay hunger strike from November 27

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Friday, November 24, 2017

Employees of Dredging Corporation of India have decided to launch a relay hunger strike on November 27 in protest against the Centre’s decision to go ahead with the strategic sale of the company.

The employees had already served a notice to go on strike on or after December 6. Stating that the employees had been spearheading an agitation peacefully to bring pressure on the Centre to shelve the decision on disinvestment, Padmanabha Raju came down heavily on the constitution of an Inter-Ministerial Group by the NDA government to oversee the appointment of transaction advisers and legal advisers for the executing disinvestment of DCI. He said that the DCI had been earning profits since inception in 1976.

He said that there was no justification to sell away the DCI as it was rated as one among the top 10 dredging companies in the world.