Govt has no plan to privatise TN bus routes: Minister

Recently, the MTC floated tenders to appoint consultants to study the feasibility of allowing private players to operate buses in Chennai on a gross cost contract basis.

published on : 7th March 2023

Govt plan to privatise PSBs in a cleft stick

The government must improve PSBs’ profitability first, which attracts investors, before firming up privatisation.

published on : 7th January 2023

Privatisation isn't only solution to power distribution woes: NTPC chief

The union government has been taking initiatives to privatise the discoms. Some states including Gujarat, Odisha, and West Bengal have privatised the power distribution.

published on : 29th November 2022

Modi lying on SCCL privatisation: TRS

The same things were tweeted by BJP official twitter handle and BJP IT department in-charge Amit Malviya.

published on : 13th November 2022

Privatisation helps grow company: DIPAM secy

DIPAM secretary cites Air India and NINL as successes of government’s privatisation efforts

published on : 25th October 2022

Puducherry: Power staff call off 6-day old strike following talks with Chief Minister

Power staff went on the strike against the plan to open up power distribution. The whole Puducherry region was plunged into darkness. 

published on : 3rd October 2022

Puducherry electricity dept staff detained for protesting against privatisation plans 

A group of employees gathered at the main entrance of the head office in Uppalam late on Sunday night raising slogans. 

published on : 3rd October 2022

Puducherry government floats tenders for privatisation of power distribution

This comes after months of the regime attempting to convince employees to accept the privatisation move.

published on : 28th September 2022

A billion people and a few billionaires

Even more unnerving is the popular hypothesis and perception that the burgeoning wealth of the billionaires is a direct offshoot of favourable government policies.

published on : 16th September 2022

Former RBI governor suggests 10-year road map for privatisation of all public sector banks

According to Former RBI governor D Subbarao, the impact on the Indian economy of privatisation of PSBs will be in two ways.

published on : 7th September 2022

Government may invite financial bids for BEML privatisation in December quarter 

Every shareholder of BEML will get shares in BEML Land Assets and the process of demerger would be completed by the end of September or early October.

published on : 29th August 2022

Another perspective on the public sector

Amid calls for aggressive privatisation—a policy that the present government has very much pursued—an advice to go slow on privatisation of PSU banks comes as a surprise, if not anything more.

published on : 22nd August 2022

Big bang privatisation of banks can be harmful: RBI article 

While private sector banks (PCBs) are more efficient in profit maximisation, their public sector counterparts have done better in promoting financial inclusion, the article said.

published on : 18th August 2022

Minister orders inquiry into VBV school row

After VBV announced its decision to privatise the school and started issuing Transfer Certificates (TCs), students, parents, and local leaders staged a protest in front of the school on Thursday.

published on : 3rd July 2022

BPCL stops all disinvestment-related activities after government puts off privatisation

The move by the central government to call off the expression of interest followed two out of the three bidders walking out. BPCL had in April last year opened a virtual data room.

published on : 8th June 2022

Central government must drop privatisation plan in Puducherry: Tiruchi Siva 

Privatisation doesn't guarantee the quality of service as seen in Delhi, Mumbai, Odisha and most metro cities where the quality is poor despite high rates levied.

published on : 6th June 2022

Advance action on privatisation of two PSBs underway: DFS secretary Sanjay Malhotra

In the Union Budget for 2021-22, the government announced its intent to take up the privatisation of two PSBs in the year and approved a policy of strategic disinvestment of public sector enterprises.

published on : 30th May 2022

Public sector sell-offs flounder on scams, lack of will 

The Union government has called off its privatisation process for high-profile Bharat Petroleum Corporation (BPCL) following 2 of the 3 bidders backing out.

published on : 29th May 2022

'Most bidders unable to participate': Finance Ministry drops plan to sell 53 per cent stake in BPCL

The privatisation was stalled after two bidders walked out over issues such as lack of clarity in fuel pricing, with just one bidder left in the fray.

published on : 26th May 2022

Government on course on PSU bank privatisation: Sources

In the Union Budget for 2021-22, the government announced its intent to take up the privatisation of two PSBs in the year and approved a policy of strategic disinvestment of public sector enterprises.

published on : 25th May 2022
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