Claiming that the way forward for about a million households related to the Container Corporation (Concor) is in hazard after the Centre’s proposal for strategic sale of the Navaratna PSU beneath the Ministry of Railways, the Concor Employees Union has determined to launch nationwide protests and is even mulling an indefinite strike.

After assembly Congress chief Rahul Gandhi and BJP basic secretary (organisation) BL Santhosh, the leaders of the union have determined to method central commerce unions, political events, public personalities akin to Baba Ramdev and civil society organisations in opposition to the Centre’s transfer.

Talking to BusinessLine, the Union’s president Binay Kumar Choudhary mentioned Concor is the one navratna PSU with the Railways and it’s a profit-making and high-performing organisation and the choice to promote its stakes will assist personal gamers to regulate exports and imports. Chowdhury mentioned the union fears that corruption could possibly be a motive behind the choice.

“The Dedicated Freight Corridors will be a reality within a few months. After that the market value of Concor will increase from the present ₹34,733 crore to about ₹70,000- 1-lakh crore because all our container terminals are strategically located in the vicinity of the dedicated freight corridors. News reports say that the Centre wants to raise about ₹7,000-8,000 crore from the strategic sale,” Chowdhary mentioned.

The union leaders mentioned Rahul Gandhi and Santhosh have provided their assist.

They level out that sale of Concor will have an effect on nationwide safety too. “It provides a safe mode for movement of security related items such as currency notes, nuclear fuel, defence related items, etc,” they mentioned. They urged the Centre to rethink the choice. The Union has additionally approached the Regional Labour Commissioner that the proposal is in opposition to labour legal guidelines because the stakeholders haven’t been consulted concerning the strategic sale.

Gandhi mentioned in Twitter after assembly the Union leaders that crony associates of Prime Minister Narendra Modi have an interest in Concor. “Highly profitable & strategic, the Container Corporation (CONCOR) is a PSU jewel that some of the PM’s greedy crony capitalist friends are hungry for & the Govt plans to sell,” he tweeted.

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