Wednesday, January 19, 2022

Privatisation

Banking on privatisation

The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation

CPM condemns Anurag Thakur’s remarks on VSP privatisation

"Even while the agitation to save Vizag steel plant is intensified, the minister's remarks tend to provoke Telugu people," CPM Visakhapatnam district secretary K Lokanadham said

Telangana: Maoists urge people to support VSP workers’ fight

CPI (Maoist) Telangana State Committee spokesperson Jagan alleged that the Modi govt was privatising profitable public sector companies to capitalist and corporate forces

‘Privatisation will lead to increase in service charges’

In a statement, the AINBOF said privatization will primarily impact the general public only as the social objectives will be lost in the name of profitability.

Bandh observed in Andhra against privatisation of Vizag Steel Plant

The YSRCP-led state government has also expressed solidarity with the bandh and announced that RTC buses will not run today till 1 pm.

AP govt supports ‘bandh’ against privatisation of Vizag steel plant

Chief Minister YS Jaganmohan Reddy had already announced that a resolution would be adopted in the Assembly opposing the privatisation of Vizag steel plant

Call for ‘bandh’ to protest privatisation of Vizag steel plant

The steel plant employees and contract workers were on relay fasts for the past 15 days protesting the privatisation move

Jagan to stall privatisation of RINL-Vizag steel plant

The decision was informed by the Chief Minister himself to the members of JAC of Ukku Parirakshana Committee who met him on his arrival at the city airport here on Wednesday

Govt to bring amendments to two Acts to enable privatisation of PSU banks

These Acts led to nationalisation of banks in two phases and provisions of these laws have to be changed for privatisation of banks, they said

Andhra Pradesh CM Jagan urges PM Modi to save Vizag Steel Plant

Jaganmohan Reddy also drew the attention of Modi to the fact that the plant had a good performance between 2002 to 2015 earning profits with positive net worth.

Budget to announce policy on PSU privatisation

Finance Minister Nirmala Sitharaman had announced that a new policy on PSU privatisation will be announced whereby a list of strategic sectors requiring presence of PSEs in public interest will be notified.

Air India privatisation unlikely to conclude this fiscal

Salt-to-software conglomerate Tata Group and US-based fund Interups Inc were among "multiple" entities that put in preliminary bids last week for buying loss-making carrier Air India.

Perils of privatisation

Instead of addressing systemic issues facing Railways through reforms, the NDA govt appears to have only one solution —privatisation

Disastrous disinvestment policy

The Centre should not lose sight of the long-term adverse impact of the indiscriminate selling of public assets

Bharat Petroleum Corp Limited Q2 profit jumps 58%

We had excellent results both physical and financial. First-quarter refinery performance was dismal due to Covid-19 lockdown. Our strategy of buying crude oil prices at low prices in May and June

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