HNL is now KPPL: Kerala Govt Scripts Revival Story of Central PSU
When the Centre decided to sell HNL to private parties on a massive disinvestment drive, the Kerala government stepped in to take over the paper products manufacturer.
Capitalism | COVID19 | India | Online Blog | Privatization | Science
Gutting India’s Public Sector Vaccine Makers
India’s once-thriving public vaccine manufacturers were absent during the pandemic. This was not due to a lack of capability. The problem has been active neglect by the government.
LIC’s IPO: A Scam of Gigantic Proportions
The headlong rush to list LIC shows shocking disregard for public interest while pandering to the whims of speculative “investors”. The IPO’s pricing indicates that it is perhaps India’s biggest-ever privatisation scandal.
Who Is Taking Over National Assets in India?
The government has raised more than Rs 97,000 crore in 2021-22 by leasing out state-owned properties to various private entities, including global pension funds. The properties include those related to coal mining, various bits of highways, power transmission lines, etc.
LIC IPO: Gross Injustice To Small LIC Policy Holders – Two Letters to FM
The then PM Nehru and the then FM Deshmukh, whose foresight and vision had led to the creation of a unique institution of the LIC as a social security provider for the poor, would never have imagined even remotely that their successors six decades later would wantonly dismantle it …
Private Companies Exploiting the Coal Crisis – Need for an Investigation
The 2021 coal crisis has severely impacted the power sector. During this crisis, while the 2 CPSEs, CIL and the Singareni Collieries Company, have ramped up coal production to tackle the shortages, the private companies which have been awarded captive coal blocks have taken advantage of the shortages to indulge in profiteering.