The anger of the Uttar Pradesh power employees regarding the privatisation of Purvanchal and Dakshinanchal Electricity Distribution Corporations is increasing and now they have announced a nationwide protest to oppose the decision of the Yogi Adityanath government.
One issue that dogged the PSBs more than the PVBs was the unresolved issue of NPAs and cleaning up of their balance sheets.
A study published in RBI’s monthly bulletin unveils that PSBs are more efficient when it comes to fulfilling social objectives.
Besides, two public sector banks and one general insurance company too would be privatised as per the privatisation agenda.
January 2020: Government floats EoI for Air India privatisation. Government to fully exit Air India by selling 100 per cent.
Sources said that open offer exemption has been discussed by BPCL management in their meeting with disinvestment department Dipam.
Petrol and diesel have seen a record price hike this year as the pump price of petrol and diesel have been raised by a whopping 26 times in 2021 by Rs 7.46 and Rs 7.60 per litre respectively so far this year.
In Vijayawada Left activists protested at Lenin Centre as Krishna and West Godavari districts saw various political parties taking out rallies and organising protests against the Centre’s privatisation move.
PM Modi was seen backing his government against criticisms coming from the oppositions on their drive to privatise major government resources.
The Bina Refinery expansion involves taking up its capacity from present 7.8 million tonne to 15 mt over next five years.
