The district committee of the Centre for Indian Trade Unions (CITU) has declared that it will resist the transfer of Steel Complex at Cheruvannur in Kozhikode to Chattisgarh Outsourcing Services, based on the recent order of the National Company Law Tribunal.
A meeting of the union on Friday demanded Steel Authority of India Limited (SAIL) to back out from the partnership and hand over the venture completely to the Kerala government, thus maintaining it in the public sector.
“This move is part of the Centre’s policy to hand over public sector enterprises to the private sector on a platter. We will bring forward the public and the employees to fight against this move,” CITU district president Mampatta Sreedharan said. The union also offered its support to the State government to keep the venture in the public sector.
