India’s leading aero manufacturer Hindustan Aeronautics Limited (HAL) on Tuesday communicated that workers unions at Bangalore and Koraput divisions of the company have given notice for a nationwide general strike on 26th November.
HAL, in a regulatory filing, added that the workers unions have called on the against “the policies and legislations of the government.”
“The Unions have been communicated that the proposed strike call is unwarranted & unjustified and will hardly serve any meaningful purpose and had requested them to call-off their proposed strike,” HAL said in the filing.
News reports further suggest that PSU unions across India including HAL Employees Association, BEL Workers Unity Forum, BEL Workers Union, BEML Employees Association, ITI Employees Union and BHEL Employees Association will go on one-day strike on November 26.
After four extensions, The government last week closed the first step in the process to privatise oil marketer Bharat Petroleum Corporation Limited (BPCL).
The most necessary need of the hour is to increase privatization in defence manufacturing. All the developed countries have one thing in common. They all have a lot of private companies, which are innovating in defence equipment. For e.g. Lockheed Martin Northrop Grumman in the United States. These companies manufacture on a large scale and have many contracts for the United States military.
Privatization in defence manufacturing creates a lot more employment, which overall improves the economy