Privatisation of Public Sector Undertakings is not in national interest and the Tamil Nadu government would oppose the Centre's bid to privatise PSUs which are public assets, Chief Minister M K Stalin informed the State Assembly on Thursday. The PSUs of India are public assets that are designed to nurture economic growth and provide job
Dr. Vikas Singh - The key lies in creating a fair and competitive environment that promotes excellence and competitiveness, , PSU Privatisation, psus, privatisation
Future group revs up joint ventures as tussle with Amazon drags on The Future group is re-energising its joint ventures (JVs) with dairy major Fonterra and American food firm Hain Celestial as it prepares for life after a tough 2020. The Kishore Biyani-led group’s debt had spiralled out of control last year, forcing it to get into a nearly Rs 25,000-crore transaction with Reliance Retail. The deal, which includes sale of the retail, wholesale, and logistics assets of the Future group, has since been challenged by Amazon.Read more
NITI Aayog submits first list of about 12 PSUs for privatisation The government has kicked off its privatisation drive, with the NITI Aayog, a body headed by the prime minister, submitting its first list of about 12 public sector undertakings (PSUs) to be privatised. The organisation has submitted the list comprising PSUs in strategic sectors, which will be considered by the Department of Investment and Public Asset Management (DIPAM), and the Core
Centre kicks off privatisation drive; NITI Aayog submits list of 12 PSUs
The list submitted by the government s policy think tank includes PSUs in strategic sectors and will be reviewed by the Department of Investment and Public Asset Management (DIPAM), and the Core Group of Secretaries on Divestment (CGD), headed by the cabinet secretary
BusinessToday.In | March 12, 2021 | Updated 09:38 IST
The list will be its first following the government s ambitious drive to privatise PSUs, as announced by Finance Minister Nirmala Sitharaman in Budget 2021
Kicking off the privatisation drive, NITI Aayog has submitted its first list of around 12 PSUs (Public Sector Undertakings) to be privatised.
What are your thoughts on not just the oil sensitives but also the entire PSU pack at large?
The Budget set out the direction for disinvestment and this time the finance minister used the word “privatisation” which means they are a lot more ready for strategic sales and they have already announced their intention on different forums. So this is the faith which the market is keeping with the government and there is no question that there is a lot of value in most of the PSUs because they have been incredible businesses with a lot of depreciated value sitting in them and most are great franchises. The private sector could create a lot more value out there.