(TH)
Officers from Public Sector Undertakings (PSUs) came together to oppose the proposed disinvestment of Bharat Petroleum Corporation Limited (BPCL) on Monday. Taking a strong position against the proposed disinvestment of BPCL, Convenor of Confederation of Maharatna Officers Association (COMCO), Mukul Kumar said that the move to transfer the management control is regressive and non-beneficial.
“Is it another East India Company movement for India? Offering huge Indian Petroleum sector on the platter to a foreign company would herald another era of profiteering, exploitation, tyranny and flight of capital from the country,” a statement from the associations said.
