VSP privatisation well-considered: Centre
The Hindu
It is as per new policy, it tells High Court
The Union government, in its affidavit on the privatisation of the Visakhapatnam Steel Plant (VSP), has informed the Andhra Pradesh High Court that VSP is not a strategic enterprise as the iron and steel sector has not been classified as “strategic” under the New Public Sector Enterprise Policy for Atmanirbhar Bharat, and that the employees’ rights are not fundamental and not constitutionally mandated as such. The policy provided for privatisation of the Public Sector Enterprises (PSEs) in the non-strategic sectors, wherever feasible, and closure of others, the affidavit said. The decision to privatise the VSP was taken by the Cabinet Committee on Economic Affairs (CCEA) on January 27, 2021, keeping the larger public good in view, and it included the protection of interests of the employees and other stakeholders, the Union government stated. The affidavit was submitted by Assistant Solicitor General N. Harinath on behalf of Rajesh Kumar Singh, Under-Secretary of the Department of Investment and Public Asset Management (DIPAM), in response to a petition filed by V.V. Lakshmi Narayana, former Joint Director of the Central Bureau of Investigation.
Discover how axolotls and flatworms coordinate regeneration through body-wide signals, revealing a complex healing process.
The MGNREGA envisioned the right to work as a necessary condition for the right to life
Scheduled Castes constituencies in Tamil Nadu experience lower voter deletions than the state average after Special Intensive Revision.
Explore the inspiring journey of Vaishnavi Sharma, a cricket star shaped by her father's unwavering faith and guidance.
Telangana offers GHMC property owners a 90% interest waiver on tax arrears under a new one-time settlement scheme.
Left parties protest for MGNREGA's original format, opposing its renaming and funding cuts affecting rural livelihoods.
Join the 5th Beypore Water Fest celebrating local talent with cultural programs and exciting water sports from December 26-28.
Victoria Public Hall in Chennai is restored and ready to revive its cultural significance with a grand reopening.
Tamil Nadu government employees and teachers announce an indefinite strike from January 6 after "disappointing" negotiations with officials.
“Through several targeted attacks against the minorities in the name of religion, the BJP and the Sangh Parivar organisations are on a mission to fragment the State into religious segments,” said Viduthalai Chiruthaigal Katchi (VCK) leader and MP Thol. Thirumavalavan. He headed the protest organised by VCK here on Monday against the BJP and Sangh Parivar organisation for inciting violence based on religion. Speaking there, he said, “The RSS’s plan is specifically to turn Hindus into paupers and the Sangh Parivar organisations through intimidating the minorities, have been trying to incite communal frenzy in the State.”
CBI and banks meet to expedite fraud investigations, focusing on cybercrime and misuse of mule accounts.
BJP accuses Congress government of suppressing Hindu culture by halting traditional cockfights and interfering with local celebrations.
Experts at a webinar emphasize preparing for diverse career paths and prioritizing skills like communication and critical thinking.