POLITICAL:

Should Indian Railways be privatized

Impact of Globalization on India
India’s Security Concern
Liberalization of Insurance Sector: Pros and Cons
Appropriateness of reservation policy in India
Public Sector Disinvestment
Privatization is the need of the hour in Indian Industry
The USA is the biggest threat to World Peace
Reservation for Women in Education & Service
Indian corporate are puppets in the hands of Indian Politicians
Is India’s increasing expenditure on defense justified
Should India make peace with Pakistan
Will more autonomy to states jeopardize the unity of the nation
If we were Planning Commission Members
How can the Indian Political system be improved
Rural Development is a political issue, rather than something of substance
Parliamentary democracy is an obstacle to economic growth in India
Can politicians survive without corruption
Criminalization of politics in India – Causes and Remedies
There should be reservation for the silent middle income population of India
A politician’s private life should not be the public’s conscience
Politicians & Industrialists nexus

ECONOMIC:
Infrastructure alone cannot improve India’s standing in the International
arena
Globalization is bad for Indian companies
Infrastructure development is of prime importance for India in the next
millennium
All nationalized banks in India should be privatized
Total Liberalization is the only way for economic development in India
In a country like India, Public sector is vital for national development
How much should India depend on IMF for loan
Is India’s expenditure on hi-tech areas justified from the social and
economic point of view
India as you visualize in the year 2020
The finance minister has not done anything for the common man
India’s should emphasize more on SSI & MSI for employment
The fruits of economic policy can be reaped only if there is a strong political
system
In the long run, the current economic policies will lead to MNCs dominating
the Indian economy and society
Growing consumerism is an indicator of the nation’s economic prosperity
Invasion of MNCs is a drain on the resources of India
Family run businesses are the backbone of Indian Economy

EDUCATION:
Brain Drain is good for the country
All higher education in India should be privatized
Standardization of Textbooks is the best tool for national integration
The govt should stop funding IITs and IIMs and instead provide the funds to
primary education
The present education system perpetuates inequality

ENVIRONMENT:
Pollution is a price you pay for economic development
Developed Countries are damaging the eco-system of the earth
Urban pollution has been blown out of proportion
Economic development at the cost of Ecological Degradation

ETHICS AND LAW:

Is cloning of humans ethical
What should be the objective of a company – profits or customer
Are ethics and business compatible
Entry of MNCs & their business ethics
Principles of Mahatma Gandhi; are they valid today?
Social justice and equity is more important than economic equity and justice
The constitution of Indian needs to be re-looked at

TECHNOLOGY:
Computerization in India may lead to labor unrest
Technological growth is more important than social cohesion for the
advancement of a nation
Excessive computerization is stealing jobs from the people

MBA:
Our country needs more MBAs than technocrats
Professional management is a must to attain targeted growth
Indian Management should find its own ethos, American & Japanese
paradigms wont work
Public sector should be handed over to independent professional managers
Will the mushrooming of MBA institutes in India produce professional
managers
Management graduates are more interested in salaries & jobs rather than
management as a course
SOCIAL:
Can India still boast about being a secular country
The demand for foreign brands has overtaken that for our home grown
brands
Vada-pav vs. Mc Donald Burger
Communism has lost its relevance
Cinema is at most entertainment with a degenerating effect
Journalism should be out of the premises of censorship
In our society, leadership should be entrusted to the youth ad not to the old
Educated Indian lacks national commitment
Beauty contests don’t fit into the Indian culture
Terrorism is like a virus – very easy to spread, very difficult to contain
Television! An idiot box or knowledge provider
Are we producing a generation of burnt out children
We have exchanged our golden heritage for a pair of blue jeans
TV and Cinema have more evil effects than beneficial

SPORTS:
Is cricket hampering the growth of other sports in India
The making of great sportsmen requires a good infrastructure
The future of Indian Sport
Effects Of Media In Our Society
Every coin has two sides. There are both positives and negatives of one single given notion. The
media, known as the fourth pillar of democracy, has a huge impact on the society. The effects are of
course, positive as well as negative. It is upto the people to decide which effect they want to bask in.
Media is such a powerful tool that it literally governs the direction of our society today. It is the
propeller as well as the direction provider of the society. Opinions can change overnight and
celebrities can become infamous with just one wave by the media. Read how media affects the
society today by reading its effects.

The Bright Side

Information on the latest happenings reaches people in just a matter of minutes. The vision of media
reaches even the remotest corners of the country and makes sure that everyone is aware of what is
going on in the country. The easy and swift availability of any given information makes media one of
the most reliable sources for forming public opinion. It bridges the gap between the leaders and the
masses by becoming their channel of communication.

It brings into open the innumerable achievements that are going on in the country. Media gives
ordinary people the power to reach out to the society as a whole. It can make heroes out of ordinary
men. The media acts as a deterrent on corrupt practices and keeps a check on the working of the
government. Media has significantly promoted social causes like literacy, health management, anti-
dowry practices, discouraging female feticide, AIDS awareness, etc.

On the Contrary…
Media can adversely affect the thinking capability of individuals and instill negative or destructive
thinking patterns in the society as a whole. As already said before, media has the power to form and
alter opinions. This means media can portray an ordinary thing so negatively that it may force
people to think or act in quite the opposite way. Media glorifies violence and contains graphic
descriptions or images. When viewed by the vulnerable portion of the society, i.e., the children, it
can have grave effects on their upcoming and thinking patterns.
The media can sometimes go out of the way in advertising or glorifying certain issues. Usually, a
bad or detrimental message is packaged in a glorious way and is made accessible to the public.
Movies that depict filthy rich thieves who don’t bat an eyelid before killing someone or extorting
someone and the getting away with it, sure give entertainment to people. At the same time, it
encourages them to act in a way that promisesadventure and thrill in life. This way, media glorifies
the bad aspects of people and encourages them to act in forbidden ways.

Should Indian Railways be privatized

These days, privatization is being hailed as the new mantra to reform any ailing Public
Sector Undertaking in India. The notion that privatization always improves efficiency,
induces accountability and produces positive upshots is flawed. There have been
 instances where the participation of the private sector in a government monopoly has
led to monopolization in the hands of private players.

Neeraj Trikha

To begin with, the Indian Railways is not just any PSU. One, it has transformed into a
profit-making organization generating positive cash flows from its loss-incurring, near-
to-bankruptcy former self. And two, the Indian Railways employs more than 1.4 million
people and transports more than 18 million passengers daily. It caters to people from all
strata of society, ranging from the burgeoning middle class to those who reside at the
Bottom of the Pyramid.

While discussing railway privatisation, we can learn from the experience of British
Railways. British Railways was privatized in 1993 with the expectation that private
funding will reduce pressure on government spending. On the contrary, the government
subsidy has increased considerably from the pre-privatization levels. And as the cost of
running the railways have increased, so have the fares.

In the Indian scenario, there is no cap on foreign direct investment in rail track, rolling
stock, container depots and any other infrastructure related to a railway system; still not
much investment has taken place in these domains.

To meet the infrastructure requirements that are essential for improving logistics and
fuelling economic growth, dedicated freight corridors and high speed rail links are
needed. Villages also need to be connected to the railways network.

But the construction of railroads is a highly capital intensive task. It is difficult to tap
funds of such magnitude from the private sector, especially as these projects have a
very long gestation period. Therefore, the fate of the much talked about Public Private
Partnership model, which has proven successful in road projects, is uncertain in the
case of railways.
 The area which is closed for private sector investment is train operations. In India,
passenger fares are subsidized by the profits made in the freight sector. The Indian
Railways is not just a transit system transporting passengers but it also carries a social
responsibility. Concessions are given to senior citizens, students, the disabled and
other groups.

If the operating of different segments of the railways is privatized, it will certainly push
up passenger fares, which will be an added burden on the majority of travellers who live
below the poverty line. Government support is justifiable because the subsidies are
offset by the huge socio-economic benefits for the masses.

Privatization might drive innovation in the operations of Indian Railways but the
incentive to innovate wanes in the event of dwindling profits. Therefore, handing over
the train operations (which include sensitive aspects such as passenger safety) to the
private sector should not be considered.

However, there are a few domains where the participation of the private sector can
augment the existing facilities. For instance, Indian Railways is actively seeking
collaboration with the private sector for technological upgrades and modernization in
order to achieve higher operating efficiency and to reduce accident rates. Participation
in such areas (which are already open to private investment) should be encouraged
while keeping the core sector – the running of trains -- under state control.

My contention is that privatization should be perceived as the means and not the end,
and as Indian Railways is moving on the right track to achieving the end, there
shouldn't be any unnecessary attempts which could derail it.

INDIA 2020 - Economic

Aspects :
INDIA 2020 - Economic Aspects Prepared By Mishul Das

AGENDA :
AGENDA India 2020 - Vision Strategies towards India 2020 Economy Education Agriculture
Manufacturing Industries Power and energy Infrastructure IT and communication Healthcare
Conclusion References

Dr. Abdul Kalam vision India-2020 :

Dr. Abdul Kalam vision India-2020 Agriculture and food processing -- target of doubling the
present production of food and agricultural products by 2020. Infrastructure with reliable and
quality electric power. Education and Healthcare: To provide social security and eradication of
illiteracy and health for all. Information and Communication Technology: This is one of our core
competencies and wealth generator. Critical technologies and strategic industries witnessed
the growth in nuclear technology, space technology and defence technology”.

What should India do? :

What should India do? Work out a feasible strategy for a high rate of growth. Harness global
opportunities in important economic sectors. Manage key economic resources efficiently.
Invest in important enablers of economic performance. Recognize the global saving pool.

Economy of India :
Economy of India GDP $1.209 trillion & GDP per capita $1016. GDP by sector agriculture:
17.2%, industry: 29.1%, services: 53.7% . The 12th largest economy in the world by market
exchange rates and the 4th largest on PPP basis. Accounts for 1.5% of World trade .

Education :
Education Knowledge is the single most important economic resource today. India spends
3.2% of its GDP on education. Reverse brain drain. Emerging Educational hub.

AGRICULTURE :
AGRICULTURE Contributing 25% to the National GDP at present. India has 400 million acres of
irrigated land and 75 million acres of wasteland at its disposal. If Middle East is the energy
base of the world, why can’t India be the food base for the world? Need: Enhance yield of
major commodities Integrated nutrient management Accent on diversification of agriculture
Water management

POWER AND ENERGY :

POWER AND ENERGY Electricity, gas & water supply performed well and recorded an
impressive growth rate of 8.3% . Need: Augment hydro generation Nuclear power with fast
breeder plant Emphasis on clean and renewable energy

INFRASTRUCTURE :
INFRASTRUCTURE There is a direct connection between infrastructure and growth drivers.
Some commendable initiatives have already been taken in the road sector (Like Golden
Quadrangle). Investments requires in rural roads, ports, harbors and airports.

MANUFACTURING INDUSTRIES :
MANUFACTURING INDUSTRIES Contributing 25% to the National GDP at present. Manufacturing
industry to record growth rate of 12% and above How manufacturers do business in 2020
Globalisation Changing nature of supply chain Key regional difference

Healthcare :
Healthcare Introduction of Telemedicine. Biotechnology Medical Transcription. Conducting
research and clinical trial. Resurge in pharmaceutical industry. Medical Tourism.

COMMUNICATION AND IT :
Animation and Gaming. Exploring new markets. E-governance. Revenue generation. Software
development. COMMUNICATION AND IT

CONCLUSION :
CONCLUSION In conclusion , we believe that the missions when integrated and implemented
with a national focus , will result actions which will shape the second vision of the nation. We
therefore have a dream. Our dream is that both our houses of parliament would adopt a
resolution for the second vision of a great nation : ‘India will transform into a Developed nation
before the year 2020

Globalization
Globalization is defined as the process that enhances the interconnectedness of
neighboring countries. According to Held and associates (1999), globalization is
a concept that is brought about by and result to high cross-border trade flow,
money, information, services, people as well as culture. RAWOO (2000), a
research council in Netherlands, noted that globalization is the product of
communication technology development and market capitalism. During the 70s,
capital expansion used to be based on territorial and historical origins. However,
this eventually increased as globalization took capital expansion away from
national geographies. Aside from this, globalization was also introduced initially
as the concept that allowed that transition of primary capital accumulation to the
global level. This transition has begun as a large number of transnational
companies (TNCs) became the dominant group over production and distribution,
foreign direct investment and cross-border operations. Furthermore, the
formation of several joint-ventures, mergers, takeovers and oligopolies also
supported this change brought about by globalization.

Fraser, McBride and Wiseman (2000) also defined globalization as the triumph of
the capitalist world where economics become more dominant over politics, of the
privates’ interest over the publics’, of the TNCs over the national state and of
corporate demands over public policies. With these features, globalization can
then be considered as the final phase of world capitalization. To others,
globalization refers to the various changes the world is presently encountering
whereas others see it as the purpose of the new world where the wealth of
domineering countries can increase and the interest of the privileged minority is
prioritized. Indeed, there had been a number of definitions used to understand
the concept of globalization. Despite these descriptions, the term in general,
pertains to major implications that are directed towards world’s economy and
society.

Benefits
Growth and Global Trade

The research conducted by RAWOO (2000) had noted a number of advantages

brought about by globalization. One of the most important benefits of
globalization is the major progress and growth of global trade. Through this,
goods, services, labor, capital and technology are able to move freely across
national borders. International trade expansion led to higher international capital
flows, labor and technology. Universality in cultural, political, legal and
institutional practices among neighboring countries was also made possible
through this benefit. With international trade, countries are able to distribute their
goods to a larger market. Aside from economic development, the ties shared by
participating countries can also be a useful resource for less developed nations.
This benefit was even more pronounced from 1980 to 1997 where
volume of international trade had tripled. At the same rate, imports
and exports have also grown. From 1990 to 1997, the volume of
foreign direct investment has also doubled in volume (RAWOO
2000). Changes in technology and communication have also
supported this globalization effect as labor and business opportunities
become more accessible. The economic benefit of globalization then
resulted to higher standards of living among participating nations.

Globalization and effects to my Organization

Globalization also resulted to several effects to various business industries. As

the writer is working in a company within the IT industry, focus will be on the
effects of globalization to an IT organization that I work for. Similar to the country
level, globalization caused both positive and negative effects to this IT
organization.

Resource and Market Growth

For instance, in the company I work for, various technologies are installed in
order to facilitate global operations and obtain more efficient business outcomes.
By means of these technologies, the company is able to access foreign markets
that used to be unavailable due to regulations, costs and indirect barriers. With
globalization and technology, the IT organization that I work for is able to acquire
resources like information, capital and labor at a global level. The introduction of
globalization allowed the company to be more efficient and streamlined while
extending its geographic operations. In general, the presence of globalization
helps the firm in developing new opportunities and challenges.

Innovation and Communication Development

As globalization opens new opportunities, my IT organization must cope by
implementing various strategies and organizational changes. Snow and
associates (1996) noted that as globalization increases the competitive pressure
among businesses, companies must overcome this through the employment of
new technologies and effective business techniques; in some instance even
major organizational restructuring. One of the technologies used by the IT firm
that I work for is internet technology; by means of this innovation, the company is
able to seek possible prospective as well as communicate with suppliers,
contractors and clients abroad. Communicating with colleagues working
overseas is no longer a problem for the company either due to this technology.
Not only does the internet help in making communication faster and easier but
inexpensive as well.

Operational Cost Reduction

As noted by Globerman and associates (2001), the utilization of information and
communication technologies like the internet enables firms to expand their
operation, extend their market and establish value chains economically. The
reduction of transaction costs helps the firm to focus its other valuable resources
to future development projects and new business plans, promoting continuous
growth and progress. By means of globalization, the IT firm that I work for is able
to save its resources and achieve better business outcomes. This effect to the
company then resulted to the employment of cost-effective global strategies.

Human Resource Effect

Though the introduction of globalization resulted to more efficient processes
within the company, some of the changes were not as favorable, particularly for
the employees. In particular, policies that govern the employment of workers in
my IT company have been modified in order to adapt with the present
globalization trend. With the present globalize business setting and the use of
various IT development, the economic employment base has shifted from
production output into the provision of services. This in turn had led to the rise of
casual, part-time and women employees in the company; this is commonly
referred to as pink-collar workforce (Kouzmin, Korac-Kakabadse & Korac-
Kakabadse 1999).

Despite the fact that this workforce increases the presence of women in the
working sector, the problem on gender discrimination has been more evident,
considering that pink-collar jobs are those that do not require highly skilled
employees. In my company, these employees are usually assigned to mere
clerical jobs. The rise of this type of workforce also increased the level of
temporary jobs in the company; this has been disadvantageous for the workers
as they are not given the opportunity to grow in their respective companies.
Moreover, this employment practice deprives them of the benefits obtained by
regular workers.

Aside from the rise of temporary employment, the company had also focused on
hiring employees through outsourcing. This increased the diversity of the
employees hired by company. While temporary employment levels rose in the
company, the increased diversity in the organization due to outsourcing gave a
number of benefits. For instance, this made the company adaptable to different
cultural settings. This also supported the company’s market growth at the global
level.

Conclusion

Globalization is an indestructible trend that provides significant benefit to many

nations. Among these advantages include the improvement of various economic
aspects, enhancement of organizational processes and development of
communication channels. However, globalization also causes a number of
negative outcomes, particularly among developing nations. Inequality,
discrimination and heightened poverty are some of the downsides of
globalization. At the organizational level, globalization also provides dual effects;
in general, it benefits the company operators and negatively affects the
employees. While globalization may not be a perfect strategy for worldwide
economic success, it is essential that efforts to uniformly distribute its benefits
are employed. In conclusion, both developed and developing nations should
work together to overcome the impacts of globalization.

Economy - overview:

India is developing into an open-market economy, yet traces of its

past autarkic policies remain. Economic liberalization, including
reduced controls on foreign trade and investment, began in the early
1990s and has served to accelerate the country's growth, which has
averaged more than 7% since 1997. India's diverse economy
encompasses traditional village farming, modern agriculture,
handicrafts, a wide range of modern industries, and a multitude of
services. Slightly more than half of the work force is in agriculture, but
services are the major source of economic growth, accounting for
more than half of India's output, with less than one-third of its labor
force. India has capitalized on its large numbers of well-educated
people, skilled in the English language, to become a major exporter
of software services and software workers. An industrial slowdown
early in 2008, followed by the global financial crisis, contributed to the
deceleration in annual GDP growth to 6.1% in 2009. However, India
escaped the brunt of the global financial crisis because of cautious
banking policies and a relatively low dependence on exports for
growth. Domestic demand, driven by purchases of consumer
durables and automobiles, has re-emerged as a key driver of the
economy, as exports have fallen since the global crisis started.
India's fiscal deficit increased substantially in 2008 due to fuel and
fertilizer subsidies, a debt waiver program for farmers, a job
guarantee program for rural workers, and stimulus expenditures. The
government abandoned its deficit target and allowed the deficit to
reach 6.8% of GDP in FY09. The government has expressed a
commitment to fiscal stimulus in 2010, and to deficit reduction the
following two years. It has proposed limited privatization of
government-owned industries, in part to offset the deficit. India's long
term challenges include inadequate physical and social infrastructure,
limited employment opportunities, and insufficient basic and higher
education opportunities. In the long run, however, the huge and
growing population is the fundamental social, economic, and
environmental problem.

The making of great sportsmen requires a good infrastructure

i do agree that making of great sporstmen requires a good

infrastructure,with a change in times atheletic and games have
undergone lot of changes with the modern age and science,a
sportspersons body is put to its limit.with a bio-technic and bio-
mechanics coming into the sports,the techniques and the dynamics of
the body of a sport person has drastically changed.gone are the days
where a sport person stood out with his sheer inborn skills and
talent.in those days sport person could not be made unless he is born
with a kind of body and courage.in modern times sportsmen can be
made with all the modern amenities and infrastructure providing him
with all the pre-requisite that goes into the making of a great
sportsmen viz.providing him with a nutritionist for good health
a coach or a trainer to improve on his techniques
a physio-therapist to work out on the physics of his body for better
performance
a psychologist to make him understand the mind over the game and
to cope up with the sheer pressure of modern sports.taking all this
factor into consideration one can only believe that making of great
sportsmen requires great infrastructure.eg:infrastructures provided to
western and european sportsperson in thier counries which has
resulted in great sucess in the field of sport.

Public And Private Sector In India -

Presentation Transcript
1. Public and Private Sector in India SUNEEL GUPTA
ASSOCIATE PROFESSOR GHS-IMR,KANPUR
2. PUBLIC SECTOR A public enterprise is an
organization which is iv)Owned by public
authorities including central state or local
authorities to an extent of 50% or more vi)It is
established for achievement of a defined set of
public purpose ,which may be multidimensional
3. Objective 1. To help in rapid growth and
industrialization and create necessary
infrastructure for economic development. 2.
Promote redistribution of income & wealth
3.Create employment opportunities 4.Promote
regional balance development 5. Promote import
substitution save and earn foreign exchange for
country. 6. Basic Infrastructure (STC, Railways,
SAIL)
4. Organization of Public Sector •Ministry
( Railway,Finance etc) •Departmental
Undertaking (Defence,Post & Telegraph,Defence
production unit) •Statutory Corporation( LIC, AIR
 India, IFC,RBI,ONGC,NTC etc..) •Central Board
(Bhakra Nangal, Hira Kund ,Nagarjun Sagar dam)
•Government Companies ( Ashok Hotels, ITI,
HMT Hindustan shipyard etc)
5. Discriminatory Prices♣Subsidized Prices ♣Follow
the leader ♣Competitive Price ♣Cost Plus Price –
ITI, HAL, Bharat electronic ♣No profit –No loss
Price ( DVC, Hindustan antibiotics, Hindustan
Insecticides) ♣Administrative Price : Price fixed
by Government ♣Pricing Practice
6. Privatization: Transfer of ownership and control
of an existing public sector enterprise ,activity or
service to the private sector. Privatization may
be full or partial. It may be selective ie. Some
function are transformed to the private sector,
which other are retained in public sector. The
entry of new private sector could introduce
competition where PSU’s enjoy monopoly The
existing PSU’s will be forced to go commercial
and respond to the market discipline.λ Private
Sector
7. The Privatization movement The move towards
privatization has gained momentum since 70’s.
The following are usually mentioned reasons 1
The emergence of conservative government in
principal industrial countries 2 The emergence of
multinational entities 3 Technological changes
8. 4 Emergence of local capital market and
entrepreneurship 5 Dissatisfaction with
performance of public sector ( 1960’s &1970’s
saw emergence of literature pointing out the
inefficiency of Import substitution policies and
 gave rise to question that why government
Should intervene in the market place when it
does not have any information about market
players)
9. Reason for Indian Privatization 1. Crippling
Budget deficit 2. Spectacular growth by
economies of Korea, Taiwan, Malaysia in private
sector 3. Galloping cost of government
intervention I trade and industry & procedural
difficulty 4. Collapse of USSR& communist
government in eastern Europe
10. 5. Changes in China 6. Emergence of
professional management 7. IMF & World Bank
extended arm to capitalism 8.Gulf crisis 9.Lack
of demand in economy 10.Integration of world
trade 11. Developed local capital market and
Financing Institution
11. Recent Reasons •To STENGTHEN
Competition •To improve public finance •To fund
Infrastructure Growth •Accountability of share
holders •To reduce unnecessary interference
•More disciplined Labour force
12. The main reason for increased efficiency
gain as a result of privatization are attributed to
(iv)Less political interference in decision making
• Staff remuneration is more closely linked to
productivity and profitability • Firm are exposed
to financial market discipline as opposed to
government support • Firm’s cost reducing effort
are higher under competitive private ownership
13. Key obstacle to privatization (iii)Lack of
strong and high level political commitment to
 the privatization program (v)Inappropriate
design of privatization strategy( eg. In term of
scope, technique sector and institutional
capability of the government) (iii) Unclear and
weak institutional frame work- decentralized or
centralized. ( ministry and provincial level)
14. iv) Lack of proper preparation of enterprise
for privatization or divestiture eg. Accounting
and auditing , treatment of losses, social and
environmental safety net (v) Insufficient
transparency and flexibility in term of the
method of privatization, balancing, ownership,
and control ( corporate governance)
15. (vi) Vested interest of manager, employees
and customer (vii) Lack of appropriate legal
frame work (eg. Property right, foreign
ownershipbankruptcy law ) (viii) Underdeveloped
capital markets
16. LEASINGλ LIQUIDATION λ PREMITING PRIVATE
SECTOR ENTER INTO PSU RESERVED AREA λ
FRANCHISING λ CONTRACTING λ
DISINVESTMENT λ WAYS OF PRIVATIZATION
17. Disinvestment Long Term strategy on
disinvestment 1. Strengthen profitable PSU to
promote greater competitiveness to enable
payment of higher dividends to the government
to enhance Value 2. Financial restructure and
revive loss making PSU to invite private capital
for long term turnaround. 3. Enhance
government receipt by disinvestment in
profitable PSUs Initially 40 out of the 245 PSUs
were referred to the disinvestment committee
18. The said industries were grouped into III.
Strategic Group. Arms and ammunitions and
defense equipment Atomic energy Rialway
transport. II Core Group
ONGC,OIL,BRPL,SAIL,GAIL,AI,CONOR,PHL,NLC,SE
CFL, WCFL,NALCO,IBP,NTPC,PGCL,NHPC,KIOCL.
III Non core
SCI,ITDC,IPCL,FACT,NFL,HCIL,HTI,ITI,MFIL,HLL,HE
ML, HZL,MOIL
19. YEAR TARGET ACTUAL RECEIPT RECEIPT
1991-92 2500 3083 1992-93 2500 1913 1993-94
3500 NIL 1994-95 4000 4843 95-96 7000 362
96-97 5000 380 97-98 4800 902 98-99 5000
5371 99-00 10’000 1829 00-01 10’000 1870 01-
02 12’000 5632 02-03 12’000 3342 TOTAL
78’300 29’482
20. DISINVESTMENT PROCEDURE GOI CARRIES
DISINVESMENT IN ACCORDANCE WITH
PRESCRIBED PROCEDURE TO ENSURE
TRANSPERENCY PROPOSAL OF DISINVESTMENT
IS BASED (OF PSU) RECOMMENDATION OF DISIN.
COMMOSSION CONSIDERATION OF CCD
(CABINET COMMTTE.ON DISINV.) CCD CLEAR
THE PROPOSAL & SELECTION OF ADVISOR IS
DONE THROUGH COMPETITIVE BIDDING
21. ADVISOR ASSIST IN ADVERTISEMENT IN
NEWSPAPER INVITING EOI ADVISOR PREPARE
INFORMATION MEMORANDOM WITH PSU
&SHORTLIST THE BIDDER ( GOI+ Rep of PSU+
BIDDER) THE FINAL AGREEMENT ARE THEN
VETTED BY MIN. OF LAW & APPROVED BY GOVT.
THE BIDS ARE EXAMINED & ANALYZED BY IMG &
ITS RECOMMENDATION ARE PLACED BEFORE
CCD FOR FINAL APPROVAL AFTER ALL
TRANSACTION IS COMPLETE CAG EVALUATES
FOR PLACING IN THE PARLIAMENT & RELESEING
TO PUBLIC