{"id":291425,"date":"2019-09-13T05:19:52","date_gmt":"2019-09-13T05:19:52","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291425"},"modified":"2019-09-13T05:19:52","modified_gmt":"2019-09-13T05:19:52","slug":"why-privatization-of-bpcl-will-be-a-good-thing-for-all-stakeholders","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/why-privatization-of-bpcl-will-be-a-good-thing-for-all-stakeholders\/","title":{"rendered":"Why privatization of BPCL will be a good thing for all stakeholders"},"content":{"rendered":"<p>The government has set a tall divestment target of \u20b91.05 trillion for FY20. Needless to say, it would need to sell stakes in some of the large public sector companies to achieve the target.<\/p>\n<p>Here, state-run oil marketing and refining company, Bharat Petroleum Corp. Ltd (BPCL), seems to be on the radar. Earlier this month, a Business Standard report said that the government is considering selling its entire stake worth over \u20b940,000 crore in BPCL. Of course, like similar such deals in the recent past, the stake sale will most likely be to another government-owned entity, Indian Oil Corp. Ltd (IOC).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has set a tall divestment target of \u20b91.05 trillion for FY20. Needless to say, it would need to sell stakes in some of the large public sector companies to achieve the target. Here, state-run oil marketing and refining company, Bharat Petroleum Corp. Ltd (BPCL), seems to be on the radar. Earlier this month, a Business Standard report said that the government is considering selling its entire stake worth over \u20b940,000 crore in BPCL. Of course, like similar such deals in the recent past, the stake sale will most likely be to another government-owned entity, Indian Oil Corp. Ltd [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-291425","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291425"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291425\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}