Staff Corner Home
Staff Corner.com

The News and Info Site for Central Government Employees & Pensioners



Govt. deferres BEML privatisation




»
»



07 Jan, 2018 6:26p.m.

The central government has confirmed that the move to privatise the Bharat Earth Movers Limited (BEML) has been deferred. This was stated by Subhash Bhamre, Minister of State for Defence, as the answer to the question raised by Lok Sabha member MB Rajesh on Wednesday.

"Government has deferred the strategic disinvestment of BEML in order to undertake further diligence exercise on various aspects as considered necessary," said the answer given by the Minister.

BEML was the first Defence Public Sector Unit being put up for sale to the private sector, a move which is expected to adversely affect national security and self-reliance.


Dont forget to share this post
Post to facebook Tell your friends

Enter your email address for latest Staff News:

Other General News

Other News

Govt. Job openings.

Join the Employees community. Receive all updates via Facebook. Just Click the Like Button Below...

Facebook Gconnect
Social Reading at Staffcorner