The privatisation wing of central government is working 24 hours a day. Though disinvestment department as such is not existing, the central ministers are directly dealing with disinvestment/privatisation. Of course, they have to please and repay the Adanis and Ambanis who have contributed huge election funds.
Now the target is sea ports. Finance Minister Arun Jaitely in his budget proposed corporatisatin of ports, of course, as the first step towards privatiation. But facing the heat from the powerful port labour unions, no further steps were taken.
Now Nitin Gadkari Shipping Minister has come with the idea of implementing Public Private Participation and handing over opetation of ports to private companies for modernisation and ‘competitiveness’.
Handing over all govermment assets to private corporates is the main programme of NDA government. This has to be resisted and defeated.