DIVESTMENT OF PSU'S.
Is it fair to sell stake in PSU to the Public. The Divestment target for 2014-2015 and every year thereafter is more than Rs 40,000 CRORES .
The public is not concerned about this issue as they may not be directly involved in buying or selling but they will suffer a huge loss if this continues as this gives a free flow of money to the govt to spend and the public looses an asset forever.
AK had earlier proposed that only sick PSU should be sold however AAP also has not raised any objections to the stake sale of profitably running PSU. more
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From: "SANJEEV MATHUR" <firstname.lastname@example.org>
Subject: New post "DIVESTMENT OF PSU'S." in [Aam Aadmi Party Delhi/NCR]
Date: Fri, Jun 27, 2014 7:11 AM more
the block in the Krishna-Godavari (KG) basin which is under the possession of ONGC.
On top of this, an interesting question is:
Why is there a dramatic drop in the production of RIL from its D6 block in the KG basin (KG-D6), which adjoins that of ONGC, over the past four years?
Compared with the targets approved earlier for RIL, the production shortfall was 5 mscmd in 2010-11, 28 mscmd in 2011-12, 55 mscmd in 2012-13 and 66 mscmd in 2013-14.
Was RIL waiting for the price rise? Was this price rise played by RIL in background?
Neither UPA nor NDA will reveal the fact because both were so in hurry to close the gas price rise in favor of RIL. God bless this nation. more