privatization Archives

Bank Bachao Desh Bachao is the protest by the Bank employees across the country goes for a two days strike on 16th and 17th December. Over Nine lakh employees are participating in this two day strike against the decision of the center government to privatise the two PSBs [Public Sector Bank]. The bank employees are against this decision of the center government as it could risk their jobs. The United Forum of Bank Unions decided on 30th November, to protest across the country on 16 and 17th of December. Body of the United Forum consists of Nine Unions including the All India Bank Officer's Confederation, All India Bank Employees Association and National Organisation Of Bank Workers. Due to the protest banking services suffered at a large scale. Bank Bachao Desh Bachao led by the UFBU ...

IndiaLatest NewsPolitics

By 2025, 25 Airports In The Country Will Be Privatized, What Is Government Upto Now?

Gunjan ChaudharyDecember 10, 20210

There has been a sharp increase in the number of air travelers due to the increasing vaccination in the country and the decrease in the cases of corona infection. However, international flights have been stopped till the new year in view of the knock of the new version of Covid-19, Omicron. Meanwhile, the big news has come that due to the increasing number of air passengers in the country on an annual basis and to make the aviation sector a more profitable deal, the government has made a new monetization plan. It has been told in a report that under this, 25 airports will be monetized in the coming three years. What is the scheme of the central government The information about this scheme of the Central Government has been shared by the Minister of State for Civil Aviation, VK Singh...

ArticleBusinessFinance

The Journey Of Air India From Success To Failure… What’s Next?

SinshaOctober 30, 20210

There was a time when Air India, which was known as ‘The palace in the sky', was considered one of the best airlines in the world. It provided luxury travel for the passengers. Associated with hospitality, food, Indian culture, and art. Air India seemed to be a representation of India. But today the situation has become so worse that after a hundred million losses, the government had to privatize it. Here we will be considering some important incidents which lead the government to take such an initiative. Air India 747 First class JRD Tata, who had a passion for flying planes was the first Indian to acquire a flying license. To bring civil aviation to India was his dream. But it wasn’t easy at that time because the British Raj who were ruling India during those times didn’t coopera...