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Cabinet approves strategic disinvestment of BPCL

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Nirmala Sitharaman

Delhi: Cabinet has approved strategic disinvestment of Bharat Petroleum Corporation Limited, of Govt of India share holding of 53.29% along with transfer of certain management control.This is excluding BPCL’s equity share holding of 61% stake in Numaligarh Refinery says Finance Minister Nirmala Sitharaman.

Highlights:

  • Cabinet approves strategic disinvestment along with management control in Concor, THDCIL.
  • Numaligarh Refinery Ltd to be carved out of BPCL disinvestment.
  • Government to give up management control in the 5 PSUs.
  • Cabinet clears strategic disinvestment of 5 CPSEs.
  • NTPC to also buy govt stake in North Eastern Electric Power Corporation Ltd (NEEPCO).
  • Govt to lower stake below 51% in select PSUs, retaining mgmt control.

India

NRC-Citizenship Bill a lethal combo in Centre’s hand to prosecute people: Prashant Kishor

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Prashant Kishor

New Delhi, Dec 12: Janata Dal (United) vice-president Prashant Kishor said that together with the NRC it can turn into a lethal combo in the hands of the Centre to systematically discriminate and even prosecute people based on religion.

Kishor on Monday had expressed his disappointment after Bihar Chief Minister and party supremo Nitish Kumar decided to support the Centre over the Citizenship (Amendment) Bill, 2019.

Apart from Kishor, some senior leaders such as KC Tyagi and Pavan Verma also expressed unhappiness over their party’s support to the Bill.

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India

Citizenship Amendment Bill protests: Flights, trains to Assam, Tripura suspended

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Protest against Citizenship Amendment Bill

Tripura, Dec 12: Train services, flights to Assam and Tripura have been suspended due to security reason as Guwahati was placed under indefinite curfew while Army was called in at four places and Assam Rifles personnel were deployed in Tripura as the two northeastern states plunged into chaos over the hugely emotive Citizenship (Amendment) Bill.

Thousands of people against the contentious Citizenship (Amendment) Bill descended on the streets of Assam, setting of protests of a magnitude unseen since the violent six-year movement by students that ended with the signing of the Assam accord.

Day four proceedings of the Ranji Trophy games in Guwahati and Agartala were on Thursday suspended due to the curfew imposed in the region following protests over the Citizenship (Amendment) Bill. Hosts Assam were in the middle of their series-opener against Services Sports Control Board (SSCB) while Tripura were facing Jharkhand.

BJP General Secy Ram Madhav: We are happy that the #CitizenshipAmendmentBill has been passed in both the Houses of the Parliament & it will soon become an Act. It’ll give great relief to millions of refugees who came to India decades ago&are living here as stateless people.

AAP MP Sanjay Singh has given ‘Suspension of Business Notice’ in Rajya Sabha under rule 267, on ‘protest in Assam, Tripura & northeastern region over #CitizenshipAmendmentBill2019

Jitendra Singh, Union Min of State for Development of North Eastern Region: Misleading statements made by Rahul Gandhi y’day tend to fish in troubled waters of Brahmaputra&trying to seek crutches of some of disgruntled elements to revive their fortune

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India

Citizenship Amendment Bill: Kapil Sibal to represent IUML in SC

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kapil sibal

New Delhi, Dec 12: Senior Advocate Kapil Sibal to represent Indian Union Muslim League (IUML) in the Supreme Court on the Citizenship Amendment Bill 2019 passed by the Parliament on Wednesday by the Narendra Modi government.

IUML in its petition has pleaded the Supreme Court to declare Citizenship Amendment Bill 2019 as illegal and void.

Indian Union Muslim League (IUML) have filed a writ petition against Citizenship Amendment Bill 2019 in Supreme Court today.

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