Supreme Court had blocked disinvestment of Bharat Petroleum in 2003, but Modi govt repealed the responsible laws in 2016, without much Parliamentary debate.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.
What will worry the NDA govt amid a tight fiscal situation in an election year is that till December 2018, it accrued less than half its Rs 80,000-crore target.
The govt wants to sell a 76% per cent stake in AI that comes with a debt of Rs 33,392 crore; the remaining 24% is likely to be sold later, when share prices go up.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
Heading is provocative. Mischievous.