Congress gives adjournment motion notice in Rajya Sabha over disinvestment of PSUs

On Wednesday, the CCEA accorded 'in-principle' approval for strategic disinvestment in five central public-sector enterprises including the Bharat Petroleum Corporation Ltd.

Published: 22nd November 2019 12:40 PM  |   Last Updated: 22nd November 2019 12:40 PM   |  A+A-

Congress leader Adhir Ranjan Chowdhury. (File | PTI)

Congress leader Adhir Ranjan Chowdhury. (File | PTI)

By ANI

NEW DELHI: Leader of Congress in Lok Sabha, Adhir Ranjan Choudhary and party MP Manish Tewari on Friday gave an adjournment motion notice in the Lower House of Parliament over "disinvestment of Public Sector Undertakings (PSUs)".

Congress party has also given Suspension of Business Notice in Rajya Sabha under rule 267, over "reservation expressed by RBI (Reserve Bank of India) and ECI (Election Commission of India) on Electoral Bonds Scheme".

The adjournment motion is an extraordinary procedure which, if admitted, leads to setting aside the normal business of the House for discussing a definite matter of urgent public importance.

On Wednesday, the Cabinet Committee on Economic Affairs (CCEA) accorded 'in-principle' approval for strategic disinvestment in five central public-sector enterprises including the Bharat Petroleum Corporation Ltd (BPCL).

Apart from BPCL, the Union Cabinet has also approved the sale of its stake in four other public sector enterprises -- Shipping Corporation of India and the Container Corporation of India, Tehri Hydro Development Corporation India Limited and the North Eastern Electric Power Corporation.

The government will also cease the management control of the five PSUs.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp