{"id":359738,"date":"2020-06-27T11:14:04","date_gmt":"2020-06-27T05:44:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=359738"},"modified":"2020-06-27T11:14:04","modified_gmt":"2020-06-27T05:44:04","slug":"bpcl-privatisation-no-going-back-check-oil-ministers-very-clear-answer-on-disinvestment-decision","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-privatisation-no-going-back-check-oil-ministers-very-clear-answer-on-disinvestment-decision\/","title":{"rendered":"BPCL Privatisation: \u2018No going back\u2019; check oil minister\u2019s \u2018very clear answer\u2019 on disinvestment decision"},"content":{"rendered":"<p>Oil Minister Dharmendra Pradhan on Friday said there is no going back on the decision to privatise the country\u2019s largest oil marketing company BPCL in view of the slump in global energy prices.<br \/>\nSpeaking at the BNEF Summit, he however said the timing of the privatisation would be decided by the finance ministry.<br \/>\n\u201cWhether the government is revisiting disinvestment of BPCL, my answer is very clear no. The government is very firm on one issue (that) government has no business to be in the business,\u201d he said. The government had in November last year decided to sell its 52.98 per cent stake in Bharat Petroleum Corp Ltd (BPCL). It has sought expressions of interest (EoIs) from potential acquirers by July 31.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil Minister Dharmendra Pradhan on Friday said there is no going back on the decision to privatise the country\u2019s largest oil marketing company BPCL in view of the slump in global energy prices. Speaking at the BNEF Summit, he however said the timing of the privatisation would be decided by the finance ministry. \u201cWhether the government is revisiting disinvestment of BPCL, my answer is very clear no. The government is very firm on one issue (that) government has no business to be in the business,\u201d he said. The government had in November last year decided to sell its 52.98 per [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-359738","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359738","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=359738"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359738\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=359738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=359738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=359738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}