In its Haridwar resolution, the Swadeshi Jagran Manch said it’s painful and unfair to call Air India a bad asset, and the decision to sell BPCL “not a good business decision”.
The Atal Bihari Vajpayee government’s disinvestment record has still not been matched by any government. UPA government’s record has been relatively pathetic.
Supreme Court had blocked disinvestment of Bharat Petroleum in 2003, but Modi govt repealed the responsible laws in 2016, without much Parliamentary debate.
Vajpayee govt divested Hindustan Zinc in 2002, retaining a 30% stake. It has since become the world’s second-largest zinc-lead miner & top-10 silver producer.
The BJP needs Hindu unity for electoral benefit, that too in a caste-ridden religious society. That makes it go for reform, reconciliation, and samarasata.
Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.
New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
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