BJD General Secretary and School and Mass Education Minister Rabi Narayan Nanda
BJD General Secretary and School and Mass Education Minister Rabi Narayan Nanda
Bhubaneswar: Odisha’s ruling Biju Janata Dal (BJD) on Wednesday announced that it would launch a series of agitations against the Union Government’s decision to disinvest 12.25 per cent of the Government’s shares from National Aluminium Company Ltd (NALCO), the only central public sector undertaking (PSU) in the State.

Alleging that there is the hand of certain vested interests behind taking such a decision, BJD General Secretary and Mass Education Minister Rabi Narayan Nanda said, “as the company this year gave a dividend of Rs 224 crore to Government of India, there was no point to disinvest its share.”

BJD has decided to hold a protest rally at Nalco’s refinery and mining site at Damanjodi in Koraput, its smelter plant at Angul and the company’s corporate office in Bhubaneswar on September 24, 26 and 28 respectively.

Earlier Chief Minister Naveen Patnaik had also criticised the decision on September 14 after the center decided has also decided to reduce its stake in NALCO and three other PSUs — Hindustan Copper, Oil India and MMTC.

Source: 360 NS