A much-expected stormy budget session of the Uttar Pradesh legislature will commence tomorrow with the opposition expected to raise issues including the Mahakumbh stampede, Milkipur assembly bypolls and privatisation of the power sector.
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.
The Bina Refinery expansion involves taking up its capacity from present 7.8 million tonne to 15 mt over next five years.
While the Railways has given private players the freedom to fix the fare to be charged from passengers, they will also have the freedom to explore fresh avenues to generate revenue, according to the RFQ.
The disinvestment in BPCL involves government selling its entire 52.98 per cent stake in the company to a strategic investor with the transfer of management control.
CPI(M)'s journal in its editorial said that when the global economy was heading for a recession, focus on public investment and creating demand and jobs was the only way forward.
The Communist Party of India (Marxist) extended its support to a long march against the proposed privatisation of the Visakhapatnam…
