Latest Breaking News On - பாரத் விசையியக்கக் குழாய்கள் - Page 1 : comparemela.com
Govt striving to complete privatisation of CPSEs listed out in Budget: DIPAM Secy
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Despite Covid, disinvestment broadly on track - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Govt striving to complete privatisation of CPSEs listed out in Budget: DIPAM Secy
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Prayagraj: The employees of the public-sector company, Bharat Pumps and Compressor Limited (BPCL), are faced with an unprecedented situation. When they were busy working day and night to complete the order of making 2,500 oxygen cylinders, all the 140 employees received a mail instructing them to get retired by May 17.
As per the decision of the central government on May 9, 2020, BPCL was closed. The 140 employees were asked to opt for voluntary separation scheme (VSS), failing which, the order said, they would be shown the door without being given any monitory benefits.
However, as the entire state witnessed a dearth of oxygen cylinders in the ongoing second wave of Covid-19, the district administration took a timely decision. A proposal was sent to the state government mentioning that BPCL, given its expertise and infrastructure, should be allowed to manufacture the oxygen cylinders.
Closed CPSE unit to make O2 cylinders in UP
SECTIONS
Share
Synopsis
The central government has agreed to reopen the shuttered public-sector unit Bharat Pumps & Compressors in Prayagraj to manufacture oxygen cylinders, following a request from Uttar Pradesh chief minister Yogi Adityanath.
The central government has agreed to reopen the shuttered public-sector unit Bharat Pumps & Compressors in Prayagraj to manufacture oxygen cylinders, following a request from Uttar Pradesh chief minister Yogi Adityanath. The central PSU is one of the companies listed for disinvestment by the Niti Aayog.
Meanwhile, UP is processing 54 proposals by micro, small and medium enterprises to set up oxygen production plants in various districts. Out of these, 51 proposals are for standalone units and three for pressure swing adsorption plants, each involving an investment of Rs 1.25-1.50 crore.