The Central Government has informed the Lok Sabha on March 15, 2021 that, the Life Insurance Corporation of India (LIC) is not being privatized. Highlights This information was...
Recently the Union Finance Minister, Nirmala Sitharaman, while addressing the business leaders, chartered accountants and tax professionals in Mumbai stated that the central government will work with the...
The Union Cabinet has cleared the policy on the privatization of public sector undertakings (PSUs). The details regarding the policy will be announced in the upcoming Union Budget...
The proposal for leasing out three airports i.e. Jaipur, Guwahati, and Thiruvananthapuram through the PPP model for 50 years has been approved by the Union Cabinet. Key highlights...
Air India is the national flag carrier airline of India. It is headquartered at New Delhi and has been owned by Air India Limited(AIL). AIL is a government-owned...
Privatization can be described as the transfer of state-owned enterprises (SOEs) to the private owners. SOEs in India include various public sector undertakings (PSUs), State enterprises and banks....
The New Economic Policy (NEP) of India, introduced in 1991, represents a watershed moment in the country’s economic history. This policy was initiated to address a severe balance...
So far, the private sector’s participation in railways has been very less in India, compared to sectors like ports, telecom, electricity, airports and roads. Several attempts have been...
The Airports Authority of India (AAI) was formed on 1st April 1995 by merging the International Airports Authority of India and the National Airports Authority with a view...