Friday 28 October 2011

Losses due to the Telangana People Strike For Government

  • While the striking employees of RTC got their wages and bonuses for the strike period, the corporation hasbeen hit by financial crisis. APSRTC already with a Rs. 310 crore loss in the financial year suffered another Rs. 200 crore loss due to the "Sakala Janula Samme"
  • On 19th October, Singareni staff from 3 districts who were striking for 35 days resumed their work after the management agreed to adjust leave against strike period with wages.The strike resulted in a loss of Rs. 600 crore for the Singareni Collieries Co Ltd.Apart from causing severe power crisis across the country. An additional Rs. 120 crores was lost towards payment of wages to employees for the strike period.
  • The state government also lost around Rs. 250 crore due to power purchases from other states.It also affected the production of long steel in India.
  • The water board suffered Rs. 5 crore loss during the strike.
  • The South Central railway lost Rs. 12.63 crores till September 24 due to the rail roko programmes.
  • The Assocham estimated tangible losses in excess of Rs. 10,000 crores in only 15 days of the strike.
  • A revenue loss of Rs.50 crore every day to the government due to strike by excise employees.
  • Manufacturers of active pharmaceutical ingredients that go into medication have lost Rs.500 crore till September 26 because of the strike.
  • Northern Power Distribution Company Ltd's (NPDCL) revenues amounting to Rs 320 crores were held up.

Efforts to end strike

With the agitation for statehood to Telangana intensifying, the congress has decided to speed up all the discussions and quickly solve the problem. On September 30, 2011 Ghulam Nabi Azad, Congress party's AP state in-charge, submitted to Congress president an internal party report about Telangana issue after holding consultations with leaders from Telangana, Rayalaseema and coastal Andhra regions for over two months. On October 8, most of the key leaders of the Congress and the centre were busy discussing the issue with with various representatives from Andhra Pradesh. Ghulam Nabi Azad, the Congress’s Andhra Pradesh in charge said that they have met nine leaders from Andhra Pradesh including the chief minister and are working on finding a solution to the issue as soon as possible. PM Manmohan Singh indicated that resolving the Telangana statehood issue might “take some time.” Maintaining that there has not been any “inaction” by the government over the crisis, the Prime Minister said that “given the complications involved in settlement, it will take some time.” Dr Singh said that the government "is engaged in widespread dialogue and discussions with all the stakeholders and hopes to reach a win-win situation for all concerned through the process." 
Regards
M Chandra Prakash

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