Will ONGC be privatized?

Will ONGC be privatized?

The government also wants ONGC to privatize smaller fields, and induct partners in bigger, ageing fields where new technologies and the efficiency of private players can help sustain production. In another shift, the government will “no longer insist” on ONGC hiving off its drilling and well services arm, Kapoor said.

Which two PSU banks should be privatised?

Central Bank of India and Indian Overseas Bank are reported to be probable candidates for privatisation. The government has budgeted ₹1.75 lakh crore from stake sale in public sector companies and financial institutions, including two PSU banks and one insurance company, during the current financial year.

When PSU banks will be privatised?

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The government has listed the Banking Laws (Amendment) Bill 2021, which will be taken up during the Winter Session of Parliament to privatise two public sector banks as part of the Rs 1.75 lakh crore disinvestment target in the current fiscal year.

How many PSU are privatized till now?

12 PSUs
NITI Aayog lists 12 PSUs for privatisation.

What happens when PSU is privatised?

While government-run organisations follow a reservation policy for SC/STs, no such policy applies to the private sector. With the privatisation of a PSU, the reservation for SC/ST employees is also nullified. There’s no provision to keep the seats intact on humanitarian grounds.

What is the minimum stake required in a government PSU?

For a company to remain a government-controlled PSU, either the Centre or the state government or both together should hold more than 51\% stake in it. (Photo: Reuters) 2 min read .

What is the selection process of PSU recruitment through CLAT 2021?

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The selection process of PSU Recruitment through CLAT 2021 will include shortlisting on the basis of CLAT 2021 PG score of the applicant. Following, a round of Group Discussion and Personal Interview will be conducted by the respective PSUs.

How to apply for PG (LLM) in public sector undertakings?

PSU Recruitment through CLAT: Candidates applying for PG (LLM) programs can also apply to Public Sector Undertakings (PSUs) recruitment via CLAT. PSUs hire candidates as a Legal Executive Trainee, Assistant Legal Advisor, Trainee Legal Advisor.

What is the salary of experienced law officer in NTPC?

National Thermal Power Corporation Limited (NTPC) will be recruiting applications for the post of experienced Law Officers through CLAT 2021. The pay scale is under the grade Rs.20600-46500 and it may vary. The selected candidates will be posted in one of the NTPC projects/stations/JVs/subsidiaries in Vindhyachal, Kudgi, Singrauli, etc.

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