Bhubaneswar: National Congress general secretary and Rajya Sabha member Ramachandra Khuntia has proposed to the Centre that the government can realise Rs1,694 crore from the Nalco through the buy back system without resorting to disinvestment of 12.15 per cent of its total share from this Nava Ratna company.
Leading a delegation of the Nalco employees union affiliated to the Rashtriya Mazdoor Congress, Khuntia met Congress general secretary Rahul Gandhi on Friday and tried to convince him about the point.
Khuntia informed Gandhi that the SAIL, NMDC and Coal India have also proposed the government to realise funds from the companies through the buy back process.
He reminded Gandhi that he had a major role in the declaration of Nalco as a Nav Ratna company, establishment of the IIT, opening of a medical at Talcher by the Coal India, a medical college at Sundargarh through the NTPC, medical college in Bhubaneswar Central University in Koraput and many other things in Odisha and appealed him to intervene in the Nalco disinvestment issue.
On his part Gandhi promised to convey the matter to Congress chairperson Sonia Gandhi and prime minister Manmohan Singh. The delegation is also scheduled to meet the prime minister, finance and mines ministers and political adviser to Sonia Gandhi Ahmed Patel. The delegation comprised, among others, Madan Dhal, Paresh Jena, Nirmal Samal, Kishore Jena and Padmakar Guru.