Question : DISINVESTMENT OF HPCL & BPCL



(a) whether the Government aware that the HPCL and BPCL staff unions have decided to oppose the privatisation of the respective oil companies;

(b) if so, whether the Government intend to discuss with the staff unions before going in for the privatisation;and

(c) if not, the reasons therefor?

Answer given by the minister


THE MINISTER OF COMMUNICATIONS AND INFORMATION TECHNOLOGY AND MINISTER OF DISINVESTMENT (SHRI ARUN SHOURIE):

(a) and (b) Employees of PSUs under disinvestment such as HPCL and BPCL do have concerns about their status, post-disinvestment. Government, therefore, engages in constant dialogue with cross-sections of PSU management/staff, and earnest efforts are made to address these concerns.

(c) Does not arise.