AITUC condemns the government decision to convert Rs. 16,000 crore of dues from Vodafone Idea into equity instead of recovering them

Press statement by national Secretariat of All India Trade Union Congress (AITUC) on 13 January 2022

AITUC condemns the proposal of the Central Government to convert Rs 16,000 crore interest dues from Vodafone Idea into equity shares as a criminal act on the part of the government. The government has no right to go about waiving off taxes of corporates like this when multitude of our people are reeling under pathetic living conditions. AITUC demands that the government simply withdraw this anti-people step.