x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   India registers 2,59,170 new COVID-19 cases, 1,761 deaths in 24 hours | Instead of launching ‘Apna Booth Corona Mukt’ campaign J&K BJP leaders go under-ground | Dogra identity still awaits attention | Supply of oxygen in Jammu largely depends on seven private plants | No confidence motion moved against woman BJP Sarpanch in Kishtwar | Travellers Mart at Lakhanpur converted into District Development Council office | COVID-19: 2 ICU beds for one lakh people in South Kashmir | Encourage patients to get COVID-19 vaccine, educate people against rumours: PM to doctors | Everyone above 18 years eligible for COVID-19 vaccine from May 1: Govt | Munish Gupta asks government to solve problems of residents | People suffering from power outages, price rise in Kashmir, alleges Bukhari | Div Com conducts on-spot inspection of development projects in Sunderbani | ANTF foils Heroin smuggling bid, arrest 2 drug peddlers | Advisor Baseer Khan directs for early commissioning of Musical Fountain at Bagh e Bahu | First Caesarian Surgery on Covid-positive Mother performed at MCH Gandhi Nagar | Banihal Receiving Station augmented by additional 6.3MVA transformers | DC Samba discusses covid control measures, vaccination; execution of schemes with Sarpanchs | 2.15 lakh visitors in 22 days at Asia’s largest Tulip Garden in Kashmir despite Covid-19 Pandemic | Online classes begin in Ramban amid brief closure of schools | Weather improves in Kashmir as MeT predicts more rainfall | Sunita Kumari, Vikram Singh elected president, vice president of MC Ramban | Barring Machil, Gurez traffic restored to dozens of far-flung, remote areas in Kashmir | ADC Bhaderwah reviews COVID-19 control measures | Apni party holds party out reach programme | Baramulla–Banihal railway line to be electrified | Ware House Federation curtails working hours to reduce crowds | BRO upgrades crucial 110 feet long bridge on Leh-Sarchu Road in 8 days | Cong to observe April 24 as National Panchayati Raj Day | Police challaning people against COVID 19 without challan book in Mendhar | Four EMRS being opened in J&K, teaching staff to be recruited by NTA | 2 militants killed in encounter with security forces in Shopian | Power shut down | Govt attaches KPDCL engineers for laxity in electric supply during Iftar, Sehri times | ACB registers disproportionate assets case against Section Officer | Army cancels common entrance exam in Samba | Govt urges eligible people to get vaccinated against COVID-19 on priority | JKI to purchase Cocoon worth Rs 11.24 cr for Jammu, Srinagar in current financial year | Pvt Schools Continue To Call Shots | Stalking Shadows in Manipur and Sri Lanka | Covid Appropriate Governance | Illegal felling of Khair trees: Range Officer, Block Officer Reasi Forest Division suspended | JK reports 1516 new positive cases, 133981 recovered so far | Amid rising COVID cases, SOPs not being strictly adhered to in busy markets | Directs J&K admin to allow units established under J&K Stone Crushers/Hot & Wet Mixing Plants Regulation Rules 2021 to operate freely | District-level committees constituted for retrieving encroached forestland | UP gang active in Jammu, targets jewellery shops | Defence Minister Rajnath Singh directs DRDO to provide 150 jumbo oxygen cylinders to UP govt | Sarafa Association reschedules market timings | DSEJ introduces 'Well-being' House in all Govt Schools of Jammu Division | Ladakh records 60 new COVID-19 cases | e-Multi-lingual Kavi Goshthi organized | GS Sports Club vow to fight drug menace | All J&K Guru Ravi Dass Sabha celebrates 130th birthday of BR Ambedkar | UDA convenor asks JMC to set up disinfectant tunnels at vital points | National lockdown can dent GDP growth by 2%, states should do with local curbs: Report | 26 smartphones recovered, handed over to owners in Poonch | RRSA urge JMC for initiating sanitation drive | Chairman DDC Rajouri leads delegation to Lt Governor, submits memo | Nagrad Adbi Sangam frames new body | HCHF observes World Heritage Day | AJKLTF organises conference on NEP 2020 at Ramban | JKTMA discuss transfer policy, DPC issues | ‘Bowli Warriors’ meet DDC Udhampur | Director Horticulture inspects Raipur Fruit Nursery | Construction work started at MBS Nagar Gadigarh | GDC Khour organises e-counselling programme | VKK organise farewell function | UGC-NSQF skill based courses were inaugurated in Dept of Zoology GDC Doda | Kavinder releases devotional album ‘Dar Meri Maiya Ka’ | DIPR organises COVID 19 awareness programme | Swarnim Vijay Mashaal' reaches Jammu's Kaluchak Military Station | Bench Press Championship held | Jammu Warriors Veterans beat Akhnoor Veterans by 8 Wickets | Back Issues  
 
news details
PM Modi bats for privatisation, says money earned will be used for people's welfare
2/24/2021 11:44:38 PM
agencies
new delhi, Feb 24: Prime Minister Narendra Modi on Wednesday announced in a webinar on Privatisation and Asset Monetisation that the government will push ahead with plans to "monetise" and "modernise" the assets of the country. The Prime Minister said that public sector enterprises which do not occupy a position of strategic importance should not be kept functional. The only responsibility of the government, he said, is to support the country's enterprises and businesses.
"I can understand the need of any public sector enterprise if it is fulfilling the needs of any sector and of any strategic importance. It is the responsibility of the government to supply support country's enterprise and business but there is no need for the government to be in business," said PM Modi.
Reiterating his government's stance on privatisation, the Prime Minister said, "We have made it clear in the new public sector enterprise policy that government will have limited role in only four strategic sectors and all other public sector units can be privatised."
PM Modi said in the seminar that most public sector enterprises incur losses and that burdens the economy, adding that there is no need to keep these enterprises functional just because they were started as someone's "pet projects". The Prime Minister insisted that the push behind privatisation would lead to less governmental interference in people's lives, reinforcing his previous vision of "minimum government, maximum governance".
We want to stop unnecessary governmental interference in people's private lives. There should not be a lack of governance or an effect of governance in people's lives" the PM told the attendants at the webinar.
The Prime Minister, while outlining the government's policy of privatisation, said that 100 government owned under-utilised assets have been earmarked for the task.
"There are many government-owned under-utilised and unutilised assets. The government plans to monetise 100 government-owned assets. There is ?2.5 trillion investment opportunity in these 100 assets which are up for monetisation. When government monetizes, that space is filled by the private sector of the country. The private sector brings investment and best global practices with them," PM Modi said.
The Prime Minister assured that the money from the monetisation of assets will be put towards welfare policies for the development of the country.
"We will increase efficiency of our economy. The money will be used for Jan Kalyan Yojana. The money from asset monetisation and privatisation makes poor people's home, roads in rural villages, opens schools, and brings clean water for the poor. Even after so many years of freedom we have such lacks in our country," he said at the webinar.
The event was attended by the Department of Investment and Public Asset Management (DIPAM), investors from North America, Europe, Middle East, Asia Pacific, and other top officials from government departments, including finance minister Nirmala Sitharaman.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU