[ad_1] Like most massive establishments, governments are creatures of behavior. Sure coverage ideas get embedded within the DNA of policymakers that make reform troublesome. A path dependency units in. One such precept is maximising income for the federal government. One other is favouring or incentivising MSMEs. Prima facie, whereas there could also be nothing objectionable … Read more
[ad_1] The finance ministry will quickly transfer the Cupboard to hunt approval for establishing an organization for switch and subsequent monetisation of land and non-core belongings of privatisation-bound CPSEs, an official mentioned. A particular objective car (SPV) within the type of an organization could be set as much as maintain these belongings which might be … Read more
[ad_1] Defending privatisation coverage, Principal Financial Adviser Sanjeev Sanyal on Saturday stated many of the public sector undertakings (PSUs) that the federal government intends to promote had been really created by the non-public sector. Stressing that this authorities is unapologetic about privatisation, he stated “you (Opposition) made the purpose that this (PSUs) has been constructed … Read more
[ad_1] After a hiatus of almost twenty years, the federal government’s CPSE privatisation programme began off with flying colors with Tata group shopping for the debt-laden national carrier Air India. With the brand new proprietor shelling out Rs 18,000 crore for the buyout of ‘Maharaja‘ this may be the very best ever quantity garnered by … Read more