Governments often sell stakes in public sector companies to raise revenues. In recent times, the central government has used this route to exit loss-making ventures and increase non-tax revenues. The Indian government started divesting its stake in public-sector companies in the wake of a change of stance in economic policy in the early 1990s commonly known as Liberalisation, Privatisation, Globalisation . This has helped the Centre pare its fiscal deficits. The Bharatiya Janata Party-led National Democratic Alliance (NDA) government in its first term under Prime Minister Atal Bihari Vajpayee made strategic disinvestment in key PSBs like Bharat Aluminium Company (Balco) and Hindustan Zinc (both to Sterlite Industries), Indian Petrochemicals Corporation Limited (to Reliance Industries) and VSNL (to the Tata group).
According to BJP general secretary Arun Singh, the saffron party has made arrangements for farmers' participation in more than 19,000 venues across the country, and the party's members will also be present.
Kerala Local Body Polls: BJP s Saffron Surge Claim Can t Be Dismissed As Hype
The BJP has improved its vote share, but its tally has not increased significantly compared to the last election.
Thiruvananthapuram: BJP workers celebrate during counting day of Kerala local body elections, in Thiruvananthapuram, Wednesday, Dec. 16, 2020. Photo: PTI
Politics19/Dec/2020
Kochi: Around noon on December 16, I received a message from a friend abroad asking whether the Bharatiya Janata Party-led National Democratic Alliance is turning tables in the Kerala local self-government elections in its favour. She forwarded a jubilant tweet by a BJP leader and Karnataka minister, Shobha Karandlaje, claiming that “Lord Ayyappa has blessed the saffron party” in Kerala, and that it is on an unstoppable surge.
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AICC rules out leadership change
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Introspection time: A Political Affairs Committee meeting of the Congress in progress at Indira Bhavan in Thiruvananthapuram on Thursday under the leadership of KPCC president Mullappally Ramachandran. S. Mahinsha
AICC rules out leadership change
The Political Affairs Committee (PAC) of the Kerala Pradesh Congress Committee (KPCC) met here on Thursday amidst growing rumblings of discontent in the party with its current leadership for the poor showing in the local body elections.
KPCC working president K. Sudhakaran, MP, seemed to spotlight the dissatisfaction when he said that the culture of nominating office-bearers from block-level and upwards had hollowed out the Congress party and weakened its organisational structure.
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