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NALCO staff oppose equity sale

Staff Reporter

BHUBANESWAR: Employees of the National Aluminium Companyand political parties on Thursday opposed the Centre's decision to sell 10 per cent equity in the company.

As the employees staged a demonstration at Angul, the company's Corporate Officers' Association opposed the decision here, saying there was no need for disinvestment when the company was making huge profits every year.

The Orissa unit of the Communist Party of India (Marxist) staged a demonstration outside the company's office here and demanded withdrawal of the Centre's decision. Several Left trade unions also took out a rally opposing the move.

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