Tuesday, 4 October, 2022

Topic: PSUs

Start planning to shut down sick PSUs approved by cabinet, Modi govt tells ministries

Centre expected to raise Rs 65,000-cr through disinvestment & privatisation of state-run firms this financial year. Govt official says move aimed at ensuring resources aren't wasted.

IIT-Madras clarifies Power Grid Corp’s EWS scholarship is for OBC & general category students

Govt-owned Power Grid Corporation of India was criticised on social media for sponsoring a scholarship for EWS students, but not for 'SC/ST/OBCs'.

Privatisation of PSU banks will create jobs, not take them away, says DIPAM secretary

Modi govt was expected to bring legal changes in banking laws to facilitate privatisation of PSU banks, but couldn’t after a nationwide protest by bank employees' unions.

Letting go of bureaucratic stranglehold is the only way forward for Indian economy

Campus Voice is an initiative by ThePrint where young Indians get an opportunity to express their opinions on a prevalent issue.

‘Feku’ govt has become ‘bechu’, says Akhilesh on Air India sale, talk of PSU disinvestments

Yadav sought to attach the new tag to the government amid the opposition's earlier one losing its shine, seeking to take on the BJP in UP CM Yogi Adityanath's stronghold Gorakhpur.

I suffered OFB decline in quality – from average in 1970s to unacceptable by 2000s

Our soldiers, in terms of personal clothing and combat gear, are among the worst equipped in the world. About the quality of ammunition, the lesser said the better.

Centre dissolves Ordnance Factory Board, transfers employees, assets & management to 7 PSUs

OFB is currently a defence ministry entity and supplies critical arms, ammunition to the three armed forces and the paramilitary.

BSNL, RailTel clearly incompetent, private firms would have done better: IT panel raps PSUs

Parliamentary panel on IT pulls up PSUs for slow pace of implementing BharatNet, a project critical to Modi govt's Digital India vision of internet connectivity even in rural areas.

India’s ‘headless PSU’ problem — top posts at 15 PSUs are vacant, some since 2017-18

The Public Enterprises Selection Board, tasked with advising the government on such appointments, has itself been headless for more than six months.

Govt always makes efforts to revive potential PSUs, says Prakash Javadekar in Lok Sabha

During Question Hour in Lok Sabha Tuesday, the public enterprises minister further said his government has approved the revival, merger, or restructuring of some PSUs.

On Camera


File photo of Supreme Court | Manisha Mondal | ThePrint

SC ruling on hijab & Gyanvapi won’t just be limited to faith. It’ll be about our democracy

While petitions against Karnataka’s hijab ban are an opportunity to define student rights, those against Place of Worship Act can be a platform to ensure a robust law-making procedure in India.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.


The LCH is designed with stealth features such as reduced visual, aural, radar and infrared signatures | Photo: IAF

Prachand, India’s new Light Combat Helicopter, doesn’t yet have main arsenal or protection suite

IAF inducted new helicopter Monday, but it'll get anti-tank guided missile only by mid-2023, while air-to-air missiles haven't yet been ordered, it is learnt.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.