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The Swadeshi Jagaran Manch (SJM) has voiced serious concern over the government move to disinvestment of PSU banks and LIC in the union budget presented by the Finance Minister on February 1.
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The Railway has received excellent response from private players to a request for qualifications (RFQs) for public-private partnership (PPP) mode in passenger train operations. A total of 15 firms including L&T Infrastructure Development Projects Limited, IRCTC, BHEL, have applied for private participation in the operation of passenger train services across 12 clusters in the country.
With an aim to strengthen the defence sector, a total of 70 defence contracts were signed during the last financial year, while 16 deals have been inked this fiscal till July, Minister of State for Defence Shripad Naik informed.
Defence Minister Rajnath Singh asserted that India cannot depend on foreign players for defence needs and such dependence is not compatible with the goal of a self-reliant India while launching 15 products developed by Defence PSUs (DPSUs) and Ordnance Factory Board (OFB).
As part of the Atma Nirbhar Week celebration of the Ministry of Defence, Defence Minister Rajnath Singh set in motion the initiatives of a number of modernisation and up-gradation of facilities as also new infrastructure creation by Defence PSUs (DPSUs) and Ordnance Factories Board (OFB).
Viewing to review matters relating to growth of credit in various important sectors of the economy, Finance Minister Nirmala Sitharaman is slated to meet heads of public as well as major private sector banks on Monday.
