All India BSNL Pensioners' Welfare Association.

"'WE WILL SELL WHATEVER IS SALEABLE"

THE ECONOMIC TIMES HAS REPORTED THE FOLLOWING STATEMENT BY A TOP OFFICIAL OF FINANCE MINISTRY ABOUT PRIVATISATION OF PSUs:


"MUMBAI: Terming privatisation as the top-most priority, a senior finance ministry official Thursday said the government will sell "whatever is saleable", and is also planning to breach the minimum 51 percent ownership level in select entities.

Getting down the government stake below 51 percent will require amendments in the laws and will also ensure that these companies move beyond the remit of oversight agencies like the Central Vigilance Commission and the Comptroller & Auditor General"..

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