Page 18 - Privatisation

Modi dispensation's thinking -- minimum govt, maximum privatisation: Rahul

Congress leader Rahul Gandhi on Saturday hit out at the Centre over the issue of recruitment to government posts, alleging that the Modi dispensation's thinking is "minimum government, maximum privatisation". With his tweet attacking the government, Gandhi tagged a media report which said there would be a freeze on creation of new posts except with the approval of the expenditure department. "Modi government's thinking -- 'Minimum Govt Maximum Privatisation'," Gandhi said in a tweet. The COVID-19 pandemic is just an excuse and the intention is to make government offices "free" of permanent staff, he alleged. "(Intention is to) Rob the future of the youth and promote (his) friends," Gandhi said in a tweet in Hindi targeting the prime minister, and urged people to speak up.

BPCL Trust to sell up to 2% stake to employees through new mechanism

To decide on residual 7.33 per cent stake in due course

As BPCL braces for privatisation, workers worry about their future

Older workers are headed for the VRS exit in larger-than-expected numbers even as unrest stirs over unrevised wage settlements

BPCL consumers to get cooking gas subsidy after privatisation too

Move may open up subsidised LPG sector to private marketers

Bait and switch: The maths of promises and delivery will have to add up

On the three major subjects on which the country would like to hear from the prime minister - defence expenditure, healthcare spend, and economic difficulties - there is only silence, writes T N Ninan

Vedanta's bond offer serves test of investor appetite for Indian junk debt

The proceeds of the offering will be used to partially fund the privatisation

Privatisation-bound BPCL's net profit almost doubles to Rs 2,076 cr in Q1

Standalone net profit in April-June stood at Rs 2,076.17 crore compared with Rs 1,075.12 crore a year back, the company said in a regulatory filing

23 companies attend Railways' meeting for operating private trains

A total of 23 companies, including some PSUs shown interest in operating private trains in the country as they participated in the second pre-application conference for Public-Private Partnership (PPP) in passenger trains project organised by the Ministry of Railways on Wednesday.The participants included Alstom Transport India Limited (Ltd), BEML, Bharat Forge, BHEL, Bombardier Transportation India, CAF India Private Ltd, Gateway Rail, GMR Infrastructure Ltd, Hind Rectifiers Limited, I-Board India Pvt Ltd, IRCTC Limited, ISQ Asia Infrastructure Investments Private Ltd, Jasan Infra Private Ltd, JKB Infrastructure Private Ltd, L & T Infrastructure Development Projects Ltd, Medha, Megha Engineering and Infrastructures Ltd, National Investment and Infrastructure Fund Limited, PSGG Technologies Pvt Ltd, RK Associates & Hoteliers Private Ltd, Siemens Limited, Sterlite Power and Titagarh Wagons Limited.In the meeting, which was held virtually, Railway Board Members along with NITI

NDLS revamp on the cards, to give Lutyens' Delhi a major facelift

IR is likely to invite requests for quotation (RFQs) this month for the Rs 7,500-crore project

Govt to come out with list of strategic sectors soon: FM Sitharaman

She said there could be various models to achieve minimum four PSUs in case of those falling under the strategic sector

Covid-19: Govt unlikely to meet Rs 2.1 trillion divestment target for FY21

With ambitious FY21 target of Rs 2.1 trn unlikely to be met, govt to push through LIC IPO, privatisation of BPCL or Concor

BPCL divestment process may face resistance from Kerala govt, employees

A few employee unions have already approached the Bombay High Court with two writ petitions

Govt extends bidding deadline for BPCL by two months till Sept 30

The EoI submission deadline was May 2, but on March 31 it was extended up to June 13. On May 26, it was extended to July 31 and now it has been extended till September 30.

BPCL privatisation: Firm offers VRS to those who don't want new management

The 'Bharat Petroleum Voluntary Retirement Scheme - 2020 (BPVRS-2020)' opened on July 23 and will close on August 13

60% of Bharat Petroleum staff eligible for voluntary retirement scheme

Firm offers VRS ahead of privatisation

Govt plans to sell Bharat Petroleum Corp stake in time-bound manner

There were speculations that the deadline for submitting the expression of interest (EOI) might be extended further from the current date of July 31

Govt plans to lease out dedicated freight corridor tracks to private firms

To rope in telecom companies and make use of optic fibre network

Make a break, Mr Modi; the time has come to reverse the Avadi resolution

Avadi resolution made the state the leading player in economic activity. Mr Modi's riposte has to be in the opposite direction; it must say the state will step aside as it can no longer deliver

Maximum government, minimum governance

Book review of The Gated Republic: India's Public Policy Failures and Private Solutions

Pvt trains to share gross revenue including onboard earnings with Railways

The Railways recently floated a Request for Qualification (RFQ) inviting private entities to operate passenger trains on its network