Railways-Privatisation at the Cost of Infrastructure
Nirmala Sitharaman’s so-called budget with infrastructure thrust is a myth and if you break the seal of fine prints in comparison with those of the past you get many revelations. As for as the...
Privatization through Asset Monetization
Introduction Asset monetization is not ‘privatization, the Modi government maintains. The Railway Minister was vehement in claiming that there will be no privatization of the Railways, and the ministry is preparing to ‘monetize assets’....
Why Public Should Oppose Privatisation of Public Sector Banks!
Around 10 Lakh bank employees of Public Sector Banks (PSBs) are protesting for two days against the proposal to privatise (sell) two Public Sector Banks. Here, I try to explain why Public Sector Banks...
Rail privatisation has been a disaster in Britain. Why is India pushing ahead with it?
When the public pays for a public service, why can’t the public own it? As talk of privatising the Indian Railways gathers steam, the Narendra Modi government would do well to pay attention to...
Why privatising India’s rail network is a bad idea
The Modi government’s privatisation plan entails profits for the private players and losses for the public. It is no secret that the Indian Railways is in dire need of funds. If the country’s rail...
Isn’t Selling PSEs, Banks, Insurance, and Assets not selling family silver?
The Finance Minister has stated that she is not selling family silver but strengthening it. Is it true? Department of Investment and Public Asset Management (DIPAM) states that four significant areas of its work...