Saturday, 21 May, 2022
TopicPrivatisation

Topic: Privatisation

The LIC way or the Air India way — that is the multi-crore disinvestment question

The real argument against disinvestment is that any sale of a large firm is likely to fall into an oligarch’s lap. No one would want to make them more powerful than they already are.

How Budget 2022 is largely transparent, but political

Budget deficit target is doable, increased capex is a positive & it takes a realistic, if political, view of disinvestment. But protectionism, rising debts, slashed subsidies are problems.

When a write-off is a triumph: Why Air India sale has both Tata & govt in buoyant mood

Govt could see deal as win considering airline’s dire debt spiral. Meanwhile, Tata should see scale of losses reducing quickly, & no more political attacks from ministers.

BPCL sale unlikely this fiscal, Modi govt will be Rs 60,000 cr short of disinvestment target

Govt had set ambitious target of Rs 1,75,000 crore in Union Budget, with over a third of receipts targeted from the listing of Life Insurance Corporation and privatisation of BPCL.

Dropping L1 criteria from public procurement a major reform but success hinges on clear norms

ThePrint view on the most important issues, instantly.

From challenge to a challenger – Why Air India’s new journey has a lot flying on it

Air India had ceased to be an option for many fliers. But with its return to the Tata Group, there are high hopes and a threat for IndiGo, SpiceJet and other players.

Socialists vs conservatives harmed Indian education. Bahujans need market forces

Bahujans will benefit greatly from access to contestable markets in education, though it may not meet egalitarian fancies of well-meaning comrades.

India’s GDP & fiscal situation seem back on track. Reforms must continue to build confidence

The 20.1% growth in Q1 FY22 was largely driven by the base effect. Structural reforms including disinvestment and bank privatisation needed to ensure a sustained growth path.

Narayan Rane’s arrest smacks of political vendetta. Thackeray must be a CM, not Shiv Sainik

ThePrint view on the most important issues, instantly.

Nirmala Sitharaman is proving to be a pleasant surprise as finance minister

While tax has proved Nirmala Sitharaman’s strong suit, there have been policy negatives as well, including under-performance on privatisation and failure to fix banking mess.

On Camera

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Credit: ThePrint Team

The LIC way or the Air India way — that is the multi-crore disinvestment question

The real argument against disinvestment is that any sale of a large firm is likely to fall into an oligarch’s lap. No one would want to make them more powerful than they already are.
A shopkeeper arranges stock at a grocery store in Bengaluru | Representational image | Bloomberg Photo

Inflation raised monthly expenses of 92% Indian families in last 3 months, finds online survey

A LocalCircles poll found that 70% of respondents felt their monthly household budget increased by 10% while 55% expected expenses to go up by another 10% in the next 3 months.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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