Financial Daily from THE HINDU group of publications
Monday, Feb 03, 2003
Financial Daily from THE HINDU group of publications Monday, Feb 03, 2003 |
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Industry & Economy
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Disinvestment `Govt bent on SCCL privatisation' Our Bureau
VIJAYAWADA, Feb. 2 THE Andhra Pradesh Government is apparently bent upon privatising Singareni Collieries Company Ltd (SCCL) and APSRTC in spite of its protestations and all recent developments point in that direction, Mr M. Satyanarayana, President of the Andhra Pradesh Congress Committee, has alleged. At a press meet here, he has said the Congress, the main opposition party in the State, along with the Left parties would stage a demonstration in front of the State Secretariat on Monday to protest against `the proposed privatisation' of the mines and `the repressive measures' being taken by the Government, especially the arrests of Congress and Left MLAs to break the strike. He said the preventive detention of trade union leaders and Congress leaders would not cow down the agitators and the strike would continue. He said APSRTC losses were largely due to the sops extended by the State Government and the illicit operations of the private carriers.
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