{"id":302542,"date":"2019-11-23T12:19:48","date_gmt":"2019-11-23T06:49:48","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=302542"},"modified":"2019-11-23T12:25:03","modified_gmt":"2019-11-23T06:55:03","slug":"oil-psu-officers-maharatna-cos-association-oppose-privatisation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-psu-officers-maharatna-cos-association-oppose-privatisation\/","title":{"rendered":"Oil PSU officers, Maharatna cos\u2019 association oppose privatisation"},"content":{"rendered":"<p>The Federation of Oil PSU Officers (FOPO) and Confederation of Maharatna Companies (COMCO) have written to Prime Minister Narendra Modi opposing the Centre\u2019s move to shed the stake in central government PSUs. <\/p>\n<p>This letter is in light of the Centre\u2019s move to sell its entire stake in Bharat Petroleum Corporation Limited (BPCL), Tehri Hydro Development Corp of India (THDCIL), North Eastern Electric Power Corporation (NEEPCO), Shipping Corporation of India and Container Corporation of India. <\/p>\n<p>While NEEPCO and THDCIL are being sold to fellow PSU \u2014 NTPC \u2014 the rest are expected to be sold to private players. <\/p>\n<p>Raising concerns, a joint statement from from the associations said, \u201cIt was further observed that the decision is ill thought, regressive &amp; anti-people and other avenues for raising finances without sale of stake or without transfer of management has not been examined.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federation of Oil PSU Officers (FOPO) and Confederation of Maharatna Companies (COMCO) have written to Prime Minister Narendra Modi opposing the Centre\u2019s move to shed the stake in central government PSUs. This letter is in light of the Centre\u2019s move to sell its entire stake in Bharat Petroleum Corporation Limited (BPCL), Tehri Hydro Development Corp of India (THDCIL), North Eastern Electric Power Corporation (NEEPCO), Shipping Corporation of India and Container Corporation of India. While NEEPCO and THDCIL are being sold to fellow PSU \u2014 NTPC \u2014 the rest are expected to be sold to private players. Raising concerns, a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-302542","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302542","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=302542"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/302542\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=302542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=302542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=302542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}