Business Standard

Bjp For Provisions To Check Fund Diversins

Image

BUSINESS STANDARD

Inner bickering within the ruling Bharatiya Janata Party (BJP) is likely to become murkier as the party has advised the government to make provisions to check diversion of funds from cash-rich public sector enterprises before carrying out disinvestment in future.

The advice comes in the wake of the assertion of disinvestment minister Arun Shourie that there was nothing wrong in the Videsh Sanchar Nigam Ltd (VSNL) agreement between the government and the Tatas. He had also ruled out the possibility of introduction of new clauses in the agreement to check cash reserves of PSUs from being exploited by new managements.

 

However ,BJP

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 06 2002 | 12:00 AM IST

Explore News