THE CITU in a statement issued on October 25, condemned the destructive exercise of the government to transfer the national assets and infrastructures in the hands of private corporate, both domestic and foreign. It said, "Air India sale is the most current example."
The CITU quoting from a media report said that the government is making a hasty move for amending the Bank Nationalisation Acts. This is being done to facilitate the privatisation of public sector banks in the next winter session of the Parliament.