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News
Privatisation
Privatisation News
PIB
06 Jan 2023
FACT CHECK: Is Niti Aayog planning to privatise some public sector banks?
Press Information Bureau called those media reports fake that claimed NITI Aayog released the list of public banks going to privatisation. PIB in its press release on Friday said that no such list as mentioned in the media reports has been shared by NITI Aayog in any form. Some media reports were circulating in the past claiming that NITI Aayog had released the list of public banks that are going to become private.
Disinvestment
14 Apr 2022
Centre could privatise 5 companies by 2022; Check firms' names
The Central government had a disinvestment target of Rs 1.75 lakh crore for FY22. The government is likely to disinvest BPCL, RINL and Pawan Hans. The Centre has also received three bids for Pawan Hans.
Ashwini Vaishnaw
02 Dec 2021
Indian Railways not for sale, won’t be privatised, says Ashwini Vaishnaw
The minister said that the Centre is not working on any privatisation plan for Indian Railways. He added that Railways is a huge and complex system. He listened to the direct feedback from passengers and tea stall vendors.
Banking Laws (Amendment) Bill
25 Nov 2021
Centre to amend banking laws to facilitate privatisation of two PSU banks
The Banking Laws (Amendment) Bill, 2021, is expected to bring down the minimum government holding in the PSBs. The bill will facilitate the privatisation of two public sector banks (PSBs). The bill will be introduced in the upcoming Winter Session.
Finance Ministry
17 Oct 2021
FinMin to seek Cabinet nod for setting up firm to monetise CPSE-owned lands
A special purpose vehicle (SPV) in the form of a company would be set up. The firm will hold these assets which would be monetised to fetch value to the exchequer.
Indian Railways
10 Oct 2019
Railways forms empowered group to privatise 150 trains, develop 50 stations
The Railway Board took the step after Niti Aayog Chairman wrote to its Chairman V K Yadav proposing the formation of an empowered group to start this process.
Indian Railways
10 Oct 2019
Centre starts process to privatise 50 railway stations, 150 trains
Niti Aayog CEO Amitabh Kant has written a letter to Railway Ministry informing about the Centre's decision to give 150 trains and 50 railway stations to private companies.
Defence Ministry
17 Aug 2019
No plans to privatise ordnance factories: Defence Ministry
The government on Saturday denied reports about the privatisation of ordnance factories across the country in a response to workers who have threatened to launch a 30-day strike from August 20.
Air India
31 Mar 2018
Air India sale a scam in the making, I am watching the deal: Subramanian Swamy
Swamy has threatened to file a complain if he finds anything wrong with the deal.
Air India
29 Mar 2018
UPA made the Maharaja a beggar: NDA Minister on Air India sale
He said the airline would be kept independent after the stake sale.
Delhi
17 Nov 2017
AAP govt has checked privatisation of education sector: Arvind Kejriwal
Delhi Chief Minister Arvind Kejriwal on Friday said his government kept under check the mushrooming of private schools by setting up state-run institutions that imparted quality education to poor children free of cost.
Air India
30 Jun 2017
Shiv Sena hits out at BJP on Air India privatisation decision
NDA ally Shiv Sena on Friday came down heavily on the Centre over its decision to privatise national carrier Air India, saying had such a decision been taken by the previous Congress-led UPA government, the BJP would not have spared it.
Economic Survey
31 Jan 2017
Economic Survey 2017: Still commitment to make the "perennially unprofitable public sector airline" 'world class' entity
Acknowledging difficulties in privatisation efforts for public enterprises, the Economic Survey on Tuesday said there is still a commitment to make the "perennially unprofitable public sector airline" a 'world class' entity.
Indian Railways
03 May 2015
No privatisation of Railways: Suresh Prabhu
Notwithstanding recommendation by government panels, Railways Minister Suresh Prabhu has outrightly ruled out privatisation of the public transporter, saying it was a "bogey" being raised by those who do not want any change.
Air India
12 Apr 2015
Talk of privatising Air India too premature: Board
Any talk of privatising Air India would be "premature" at this stage even as there is a need to re-visit its Turnaround Plan (TAP) in view of the changing micro-economic situation, top sources in AI Board have said.
BSNL
13 Mar 2015
Govt rules out privatisation of BSNL, MTNL
Government Friday ruled out privatisation of BSNL and MTNL even as it admitted that the two state-run telecom service providers were not in the pink of their health.
Airports Authority Employees Union
16 Feb 2015
AAI employees call for nationwide strike to protest privatisation of airports
The Airports Authority Employees Union (AAEU) has called for a nationwide strike on March 11 to protest against the privatisation of airports by the government.
Arun Jaitley
05 Nov 2014
Arun Jaitley promises more reforms, privatisation of sick PSUs
Finance Minister Arun Jaitley Wednesday promised reforms in labour, land acquisition and insurance laws and expressed readiness to look at privatisation of some loss-making public sector companies.
Govt stake sale
30 Aug 2014
Govt stake sales in state companies in 2-3 months: official
India will sell part of the government`s stake in some state-run companies in the next two to three months, Finance Secretary Arvind Mayaram said on Saturday, without naming any company.
Disinvestment
10 Aug 2014
Disinvestment process is progressing as scheduled: Jaitley
Eyeing Rs 58,425 crore this year by selling government stake in PSUs, Finance Minister Arun Jaitley on Sunday said that disinvestment process is on schedule.
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