According to reports, all oil sector PSUs would be asked to exit from their investments made in equity shares of other state-owned entities
In reply to a query in the Rajya Sabha, the ministry said that while private players will be allowed to run trains, the responsibility of its safety lay with the railways.
The Centre hopes that disinvestment proceeds will make up for some of the revenue shortfall that is expected this year
Finance Minister Nirmala Sitharaman said privatisation of BPCL will be without the company's equity shareholding of 61.65% in Numaligarh Refinery in Assam
The core group of secretaries on disinvestment has recently approved the disinvestment of five public sector undertakings PSUs
The Tejas Express on Lucknow-Delhi route is the railways' first experience of running a train by non-railway operator, its own subsidiary, IRCTC
India has a total refining capacity of 249.4 million tonnes of refining capacity and 65,554 petrol pumps and 24,026 LPG distributors
The plan will open up a steady stream of state companies to greater private investment
FM Sitharaman in her Budget speech on July 5 had said the government may use private investment in railway tracks
The plan will open up a steady stream of state companies to greater private investment, and target the kind of annual divestment revenue that will be crucial to meet fiscal deficit targets
There are about 30 state-owned companies, including Air India, that the Narendra Modi government wants to sell off completely or give up majority stakeholding of
Since they do not have access to cheap finance or subsidy, it would help if private infrastructure operators kept costs low and projections realistic
The author contends that liberalism does not imply unconditional support for privatisation and that there are ethical issues of market competition that liberal economists usually overlook
For privatisation to pick up momentum, it is essential to start with "less complex" assets
Over the years India's governments have turned several public goods into private ones
Most of the public companies to be privatised by the Modi govt not just earn profits but also operate in sectors with buoyant demand