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India Pushes For Privatisation Of Three PSUs Despite Covid-19 Turmoil
The government is confident of privatising BPCL, Concor and Shipping Corporation of India in 2020-21, an official says.
06 Jun 2020, 09:54 AM IST 
Bharat Petroleum’s signage is displayed at a gas station in Mumbai, India. (Photographer: Vivek Prakash/Bloomberg)
India is hopeful of privatising three state-owned entities that it failed to sell last fiscal, despite the economic disruption caused by the Covid-19 pandemic.The government plans to sell its stake in Bharat Petroleum Corporation. Ltd., Container Corporation of India Ltd., and Shipping Corporation of India Ltd. to generate revenue as market sentiment is expected to return to normalcy in about two months, a government official told Bl...
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