Govt is speeding up to handover Indian Railways in private hands

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Railways to be sold completely

Seven factories to merge for easy sale

Contract labourers to replace 3.5 Lakh regular posts

Beginning with a thorough overhaul of Railway Board and merging 7 Production Units into single entity, the Government is speeding up preparations to handover complete Indian Railway in private hands.

Chairman, Railway Board V K Yadav has been moved from his post and appointed first Chief Executive Officer (CEO) of Indian Railways. Several major posts on the Board have been scrapped.

The fallen posts pertain to departments handling Staff, Engineering and Material Management, and will likely get taken by corporate representatives in days ahead.

Procedures have begun to sell off Coach and Locomotive Factories after first privatising stations, introducing 151 private trains and bring about private participation in cargo corridors.

Seven factories of the Indian Railways would merged into a single company to facilitate single-shot sale of their shares.

Chitaranjan Locomotive Works, Chitaranjan, Diesel Locomotive Works, Varanasi, Diesel Loco Modernisation Works, Patiala, Integral Coach Factory, Chennai, Rail Coach Factory, Kapurthala, Wheel And Axel Factory, Bangaluru and Modern Rail Coach Factory, Raebareli would be merged into a single Company with all of government stakes sold off eventually.

Railway lands at various places will also be handover in long-term leases.

Also, there will be mammoth cut in employees numbers with almost 3.5 lakh posts annulled.

There will be public notification banning further appointments too and contract labourers will be engaged widely instead, for jobs done by regular employees.

Strangely, recognised employees’ unions and officer’s associations are silent on the move while DREU, AILRSA, AISMA and AIGC are in strong protest against the on going circumstances.

भारतीय रेल की बरबादी में मान्यताप्राप्त रेल संगठनों की समान भागीदारी

The CITU protest held in July saw large number of Railway employees from Kashmir to Kanyakumari participated in outcry against Centre’s sell-out tactics.

Source:
https://www.deshabhimani.com/english/news/national/indian-railway-sale-citu/2673

#DREU #AILRSA #AISMA #AIGC #CITU #AIRF #NFIR #FROA #IRPOF #Railway #RailwayBoard #RailMinIndia #CRB #CEO #VKYadav #PiyushGoyal