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22-Nov2017

Dredging Corporation's staff protests against proposed stake-sale by government

Dredging Corporation of India's shore-based executives and non-executives at Visakhapatnam, went on mass leave on November 21 to protest the proposed stake-sale by the government.

The Centre is planning to divest its entire stake in the company. However, the operations of dredgers at various projects are going on smoothly and there is no disruption.

Dredging Corporation of India is the premier dredging company in India and is the only PSU company offering dredging services. Established in 1976, the Company provides dredging and allied services to Ports, Indian Navy etc.


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