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corporatisation

PSU employees to go on nationwide strike on November 26 against privatisation

Ten CTUs have issued a strike call for November 26 against the government’s labour and privatisation policies, which is set to see participation from PSU employees as well

OFB employee unions to meet Defence Production Secretary on ‘restructuring’

The unions which were boycotting the high-level committee constituted after a strike in August 2019 have agreed to meet Secretary (Defence Production) on July 28

A corporate OFB will be weaker than UK’s privatised ROFs

The arguments pertaining to competition, value for money, efficiency for corporatising OFB does not hold good in a rigged market that India wants to create

OFB employee unions allege irregularities in consultant selection for corporatisation

OFB employee unions have alleged irregularities in the RFP floated by the MoD for the appointment of a consultant for corporatisation of ordnance factories

Govt raises FDI limit, wants to corporatise OFB for Aatmanirbhar Bharat

The government announced its decision to raise the FDI limit in defence sector from 49 percent to 74 percent through the automatic route

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