Centre's Action of Selling off PSUs is 'Aatmasamarpan': Sitaram Yechury
4 years, 4 months ago

Centre's Action of Selling off PSUs is 'Aatmasamarpan': Sitaram Yechury

News 18  

CPI general secretary Sitaram Yechury on Sunday said the Centre merely talks about 'aatmanirbhar' or self-reliant India but its actions of"selling off" PSUs amounted to 'aatmasamarpan' of the country's resources to "capitalists". In his webcast address to CPI workers from Maharashtra, Yechury said the government was in the process of selling off PSUs and even the Railways is being privatised. The idea of 'atmanirbhar' Bharat or self-reliant India was proposed by prime minister Narendra Modi during the announcement of the coronavirus pandemic related economic package in May this year. "The prime minister had said India would defeat the coronavirus in 21 days, but now 130 days are passed under the national lockdown," he said.

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History of this topic

Opinion | No dearth of privatisation critics but Centre must go ahead with PSU sale in 2022
3 years ago

Opinion | No dearth of privatisation critics but Centre must go ahead with PSU sale in 2022

Firstpost  

Just like the strategic sale of Balco in 2001, when the government sold its 51 percent equity in the aluminum major, galvanised privatisation in the country, Air India sale has the potential of accelerating the pace of disinvestment. From Air India privatisation and other minority stake sales, the government has mopped up Rs 9,240 crore, according to the Department of …

A privatization plan that heralds the rise of the Indian elephant
3 years, 10 months ago

A privatization plan that heralds the rise of the Indian elephant

Live Mint  

One of the many highlights of the Union Budget for 2021-22 was the bold resolve of the government to push for an aggressive privatization policy of public sector enterprises, which would seek to unlock their potential to create wealth in India’s economy. Encouragingly, the government has shown its resolve to go big on PSE stake sales this time around by …

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