Wednesday, November 21, 2012

‘IMF, World Bank conspiracy behind PDD privatization move’


October 17
Jammu and Kashmir Employees and Workers United Front (JKPEWUF) on Tuesday  termed  the government’s decision reportedly aimed at privatization  of the Power Development Department (PDD as “anti-people and anti- employees.”
 
Addressing a press conference here, JKPEWUF, which represents PDD employees across the state, said the cabinet’s approval to setting up of Transmission and Distribution companies in the Power Development Department (PDD) was a step towards privatizing the department .
 
“The state government is following these policies as per the directions of the central government, which in turn working at the behest of International Monetary Fund (IMF) and World Bank to ensure the big profit for greedy corporate houses,” said Mohammad Maqbool, General Sectary JKPEWUF.
 
Employees also alleged that the government is facing a mess in the power sector due to many reasons as the department has no proper planning and is plagued by misuse of funds, huge corruption, purchasing of substandard material for repairing and mismanagement.

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