BEML employees begin protest against privatisation move
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BEML employees begin protest against privatisation move

February 2, 2022

To stage protest every morning for five days in front of factory’s main gate

Mysore/Mysuru: Alleging that the Government was out to privatise Defence Public Sector giant BEML (Bharath Earth Movers Limited), employees of BEML in city began their protest in front of the Factory main gate on Hootagalli-KRS Road here yesterday.

As part of the protest, the employees will stage demonstration in front of the main gate for more than 30 minutes every morning for five days.

BEML Employees Association Mysuru President H.Y. Munireddy said that BEML with nearly 8,000 employees (Bengaluru, KGF, Mysuru and Palakad in Kerala units) was making profit since 1964 and has made immense contribution to the defence, mining, Railway and metro sectors.

Pointing out that despite the factory making profits, the Government was planning to privatise this Public Sector Unit (PSU), Munireddy demanded that the company remain as a PSU and urged the Government not to privatise BEML. He further said that BEML apart from paying taxes to the Centre and paying crores of rupees in the form of profits was also paying dividends to shareholders every year besides contributing for the progress of the country.

Munireddy said that BEML Mysuru unit was started in 1984 on a 700 acre plot and has truck, engine and aerospace manufacturing units and added that the Employees Unions have been protesting since 2017. He alleged that despite strong opposition from the employees, the Union Government has stuck to its stand of selling a portion of stake to the private company in the name of disinvestment.

It may be recalled that BEML employees have been staging protests against the privatisation move by the Union Government since many years and had also staged protests in Delhi besides submitting memorandums to elected representatives urging them to convince the Union Government to drop the plans of privatising BEML.

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Association General Secretary M.D. Rajashekarmurthy, Vice-President Govindareddy, Secretary Suresh, Treasurer M.B. Jagadish and hundreds of employees took part in the protest.

5 COMMENTS ON THIS POST To “BEML employees begin protest against privatisation move”

  1. Nikhil says:

    BEML employees are one of the laziest in the world. I know several of them personally. They all have several side businesses (during office hours) and hardly work more then 2-3 hours per day. They report late for work. They are lying through their teeth. They are a burden on our nation. BEML should be privatized for the good of our nation.

  2. swamy says:

    Public sectors were started with good intention of socialist experiment. But the leaders did not know these would become white elephants. It is better to end this and privatize. People who are capable will survive, others will suffer unless they wise up.

  3. Shantala says:

    Public or private sector, Indian employees are lazy. Private sector thrives when there is stiff local -meaning within India, and international competition. Indian government effectively banned any international company competing in India, while at the same time begging International leaders to give work permits to Indian techies in their countries.
    Just look at the private hospitals and clinics. There is no competition to lower their costs to patients. In India both privatesectot andpublic sector are equally bad.

  4. Humble Pie says:

    The reason why employees are lazy is because they know they can’t be fired from their job. People working for Government entities know their job is secure regardless of performance! Private companies also cannot fire workers for being lazy. The Government regulations prevent companies from firing employees! The result is that the country suffers.

  5. Kumar says:

    If the central government privatizes BEML, then the purchaser or the Central Government should pay the current market price for the land which was given free by the state government.

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