Page 11 - Privatisation

'It was Congress that sold country's resources': FM counters Rahul on NMP

Sitharaman on Wednesday launched a scathing attack on those criticising the Rs 6 lakh crore monetisation plan, wondering if Congress leader Rahul Gandhi even understands what such a move entails

Govt giving assets to private sector at throwaway prices: Pilot on NMP

The central government should help the poor and the middle class instead of giving away the assets created in the past 70 years to the private sector at throwaway prices, Sachin Pilot said

Rahul Gandhi upset that India earning Rs 6 trillion: BJP hits back

The BJP on Tuesday cited the previous Congress government's efforts to monetise different assets to wonder if the party was then trying to "sell" the country

Centre has officially announced 'sale' of India, says CPI(M) on NMP

The CPI(M) on Tuesday alleged that the Centre with its decision to monetise its assets across key sectors has "officially" announced the "sale of India"

'Modi govt in process of selling India's crown jewels,' says Rahul on NMP

Congress leader Rahul Gandhi on Tuesday questioned the move of the government to monetise its assets across key sectors, saying all assets created in the last 70 years are being sold

National Monetisation Pipeline dangerous bid by Centre to raise money: TMC

Trinamool Congress Tuesday lashed out at the newly unveiled National Monetisation Pipeline calling it a "dangerous bid" by the "bankrupt" Narendra Modi government to raise money

Legalised loot, organised plunder: Cong on National Monetisation Pipeline

The Congress described the govt's infra monetisation plan as "legalised loot and organised plunder", alleging that invaluable public assets created over decades are being handed over to a chosen few

Passenger trains, railway stations, airports in Rs 6 trn monetisation plan

FM Nirmala Sitharaman unveiled Rs 6 lakh crore National Monetisation Pipeline that included unlocking value by involving private companies across infrastructure sectors

Top headlines: Tariff troubles for telcos, India's Covid jab for children

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Railway privatisation round 1 goes off track amid operational hurdles

The lack of an independent regulator to ensure that the Railways Ministry gives a level-playing field to private- and government-run trains was a deterrent for the players

Retro tax scrapping revived foreign interest in India's privatisation plan

The governments decision to nullify retrospective taxation provisions has brought fresh lease of life to its strategic disinvestment plan with growing overseas investor interest

Govt extends bidding deadline for RINL transaction advisors till Aug 26

This is the second extension given for transaction advisors

'Rigorous' work underway to achieve privatisation targets: FM Sitharaman

Sitharaman said on Thursday that the government is undertaking all the "necessary rigorous" work to complete the planned privatisation processes by the end of this financial year.

Parliament passes bill for privatisation of state-run general insurers

The General Insurance Business (Nationalisation) Amendment Bill, 2021, was passed by the Lok Sabha on August 2.

Ministerial panel set to take up PSU insurer's privatisation soon

Consultations at the CGD level involved deliberations on the process of privatisation, timing, and the way forward to sell the PSU insurer - United India Insurance - suggested by NITI Aayog

PSU insurers employees go on strike to protest proposed privatisation

Employees of public sector general insurance (PSGI) companies are observing nationwide one-day strike on Wednesday to protest against intended privatisation of state-owned insurers.

Govt may defer privatisation plans for 2 PSU banks to FY23: Report

The Finance Ministry hasn't finalized modalities to seek approval from lawmakers for the sale, which leaves little time for process to be completed this year, people said, asking not to be named

Public float exemption for PSUs to have riders in privatisation push

The move is to ensure fairness and prevent arbitrary use of latest dispensation provided by the government

Sitharaman as FM: Some positive surprises, a few works in progress

Tax, revenue and macroeconomic trends are encouraging, but more needs to be done on privatisation, clean-up of banking mess, anti-protectionism, and de-politicisation of govt bodies, writes T N Ninan

Airport privatisation gets a fillip as Lok Sabha passes AERA bill

Move to club smaller loss-making AAI-run airports with larger ones being done as it was felt privatising larger airports would leave AAI with only small loss-making airports