Page 15 - Privatisation

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

To facilitate privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year

Start with smaller banks

Govt must have a clear road map for PSB privatisation

India considers new panel to quicken privatisation of state-run firms

An external panel will help accelerate the asset sale process and bypass red tape, according to the people.

Betting on the public sector

History will judge this Budget based on whether the Centre's big bet on a public sector borrowing-driven growth revival works out

Best of BS Opinion: Unlocking public assets, terms of disengagement & more

Here's a selection of Business Standard opinion pieces for the day

Privatisation: But from which PM Modi?

Human memory is short. That alone can explain why many are deliriously happy with his latest slogans and ignore seven years of poor "doing business" climate, taxtortion, extortionate oil prices

Unlocking public assets

Govt's plan to monetise assets has rewards and risks

A different Modi: The PM is no longer shy of showing his real hand

A faltering economy may have led to a re-think on economic strategy. And Mr Modi might think he is politically strong enough to take some risks. But there could be a minefield ahead, writes T N Ninan

Privatisation not panacea for all ills: ex-RBI deputy guv S S Mundra

Fomer RBI deputy governor S S Mundra Friday said that privatisation is not a panacea for all the ills and this myth has long been busted

Govt eyes different monetisation models to raise resources for investments

Unlike privatisation, monetisation of assets does not require transfer of ownership to private hands; instead, projects are vested with a trust or a private operator

Govt is targeting to conclude BPCL privatisation in Q1FY22: DIPAM Secretary

The government has recei­ved three preliminary bids to buy controlling stake in the country's second-largest fuel retailer

Defending the pvt sector

Govt must strengthen the overall regulatory framework

How will we give jobs? PM Modi's strong pitch for privatisation

Centre plans to take OFS route to sell 20% in National Fertilizers

Sale could fetch govt around Rs 408 crore

A steep fiscal correction

With modest revenue effort, the burden of cutting the deficit will fall on a big expenditure contraction

Top headlines: India says Covid deaths falling; bank unions call for strike

Business Standard brings you top news of the evening

Working with RBI to execute bank privatisation announced in Budget: FM

Speaking to reporters in the financial capital, Sitharaman also said that the government has no plan to form any bank investment company to house the government stakes in banks

India's aspiration needs 20 SBI-sized institutions: FM Sitharaman

Sitharaman said the government would work with the Reserve Bank for execution of the bank privatisation plan announced in the Budget

The what, why & how of bank privatisation

The government must continue to own a few big banks to address market failures.

Railways, Department of Posts, AAI not to be privatised under PSE policy

Public sector enterprises in the nature of development and regulatory authorities, autonomous organisations, trusts, development financing institutions would also be out of the policy