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Govt to shelve privatisation plans, pour billions in state-run firms

by AIP Online Bureau | Jan 27, 2025 | Eco/Invest/Demography, Indian News, Policy

In 2021, Modi’s government announced a major programme to privatise most of India’s state-run companies. The plan was so drastic that even in the four sectors that India sees as sensitive, such as telecoms and banking, it wanted to keep only a minimum...

Healthcare privatisation linked with worse outcomes, higher profits: Lancet Study

by AIP Online Bureau | May 17, 2024 | Eco/Invest/Demography, Facts, Health, Non-Life, Policy

Researchers said the findings, published in The Lancet Public Health journal, challenged the theory that privatisation can improve the quality of healthcare through increased market competition, and by enabling a more flexible and patient-centred approach...
Govt not in ‘crazy rush’ to sell everything: FM Sitharaman on privatisation

Govt not in ‘crazy rush’ to sell everything: FM Sitharaman on privatisation

by AIP Online Bureau | Mar 4, 2023 | Indian News, Policy

Finance Minister Nirmala Sitharaman Two years ago , the government had said it would privatise some PSU banks and one PSU insurance company but it seems they are no more government priorities now. The focus of the strategic disinvestment process in the coming year...

FinMin to stick to privatisation of already announced CPSEs next fiscal

by AIP Online Bureau | Jan 29, 2023 | Eco/Invest/Demography, Indian News, Policy

After tasting success in privatising loss-making Air India in 2021, the progress of PSU sell-off has not been very impressive over the past year, and experts say that with the general election around the corner in 2024, no major disinvestment announcement is expected...
Govt to take view on privatisation of public sector banks after consultation with dept, regulator

Govt to take view on privatisation of public sector banks after consultation with dept, regulator

by AIP Online Bureau | Dec 19, 2022 | Banking & Bancassurance, Indian News, Regulation

In the Union Budget for the financial year (FY) 2021-22, he said, the government’s intent to take up privatisation of two PSBs and approval of a policy of strategic disinvestment of Public Sector Enterprises (PSEs) was announced The government on Monday said it...
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