-TheWire.in Pradeep Multani, president of the PHD Chamber of Commerce and Industry, talks about how the shortage of raw materials and high input prices are posing a challenge to small businesses in India. Mumbai: Inflation pressures are looming ominously on the Indian business horizon. While the margins of large domestic and multinational corporations have come under pressure, they still have the balance sheet heft to absorb raw material price shocks and the...
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'Want to know about govt policy', SC on plea seeking revival of vaccine PSUs
-IANS/ National Herald The Supreme Court on Monday sought Centre's response on a plea seeking revival of vaccine public sector units, to boost Covid-19 vaccination amid the pandemic. A bench comprising Justices D.Y. Chandrachud and A.S. Bopanna said: "We want to know what the policy of the government is..." The bench noted that Solicitor General Tushar Mehta wass appearing for the Centre and took note of his submissions that a reply will be...
More »RSS-affiliate Bharatiya Mazdoor Sangh plans protest against disinvestment of PSUs
-The Hindu Decision taken “in the context of the onslaught of the government”, it says The Bharatiya Mazdoor Sangh (BMS) affiliated to the RSS has announced a phase-wide agitation from March 15 to November 11 against the proposed disinvestment programme of the public sector units (PSUs) by the Union government. The decision was taken at a two-day meeting of the BMS’ PSUs Coordination Committee in Hyderabad that ended on Friday. The meeting came...
More »Will the government's stand on privatisation of public sector units help the economy? -K Bharat Kumar
-The Hindu * What is the push behind the strategic disinvestment move? What are the gains? The story so far: On November 20, the government announced that it would sell stakes in several public sector undertakings (PSUs) and even give up management control in some. The Central government will cede full management control to buyers in the case of oil marketing company Bharat Petroleum Corporation Ltd. (BPCL), Shipping Corporation of India (SCI)...
More »ECI issues letter of intent for purchase of 16,15,000 VVPAT units
-The Hindu These VVPAT machines will be manufactured only as per the design approved by the Election Commission. The Election Commission has issued letter of intent for purchase of 16.15 lakh Voter-Verifiable Paper Audit Trail (VVPAT) machines, following a clearance by the Union Cabinet on fund allocations. The machines will be procured in 2017-18 and 2018-19 at an estimated cost of ?3,173.47 crore from public sector undertakings BEL and ECIL. “In its letter sent...
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