ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

PrivatisationSubscribe to Privatisation

Reading K N Raj in the Age of Free Market Fundamentalism

This article tries to assess how K N Raj would have weighed in on some of the major contemporary issues like the trade policy, farm crisis and reprivatisation of public sector banks on the basis of his many writings. It also highlights his views on the fundamental orientation that an academic discipline like economics needs to have for contemporary social relevance.

‘Stop Privatisation’: Why the Move to Privatise Public Sector Banks is Based on Flawed Assumptions

Unlike common assumptions, private banks do not inherently perform better than public sector banks. The reasons that are often cited for privatisation of public sector banks require deeper scrutiny.

Bad Bank, Bad Loans and the Indian Banking Mess

This article looks into the reasons for the large non-performing assets of the Indian banks, particularly public sector banks, and the various steps taken by the government and the Reserve Bank of India to tackle the issue of bad debts. It also examines if a bad bank is the magic wand that can...

Disadvantages and Segregation through School Choice

The manner in which privatisation in elementary education in India changes student composition, which then creates segregation across school types, is analysed. A unique situation where reproduction of the already existing advantage–disadvantage continuum across social groups gets reinforced, children from the historically deprived socio-economic groups are largely confined to public-funded schools.

The ‘Public’ within and beyond the Enterprise

The protests opposing the privatisation of the Vizag Steel Plant challenge the dilution of the “public sector.”

Government and Its Adaptive Ignorance

Privatisation is no solution to the problems of the banking sector.

Regimes of Dispossession

Mass privatisation and monetisation of public assets will push the country into yet another crisis.

Healthcare Financing in India

Public and Private Healthcare and Health Insurance in India by Brijesh C Purohit, New Delhi, California, London and Singapore: Sage Publications, 2020; pp xiii + 283, ₹ 1,195 (hardcover). India Policy Finance and Policy Report: Health Matters edited by Jyotsna Jalan, Sugata Marjit and Sattwik Santra, New Delhi: Oxford University Press, 2020; pp xvi + 166, ₹ 1,495 (paperback).

Bank Privatisation

There is a buzz in the air about privatisation of some of the public sector banks (PSBs). There has been talk of privatising Industrial Development Bank of India (IDBI Bank) in financial year (FY) 2020–21. Of the disinvestment target for the year of Rs 2.1 trillion, Rs 90 billion was to have come...

The Coal Conundrum

Only an empowered regulator can help boost production and cut coal imports.

Incomplete Story of the Political Economy of the Power Sector

Mapping Power: The Political Economy of Electricity in India’s States edited by Navroz K Dubash, Sunila S Kale and Ranjit Bharvirkar, New Delhi: Oxford University Press, 2018; pp 400, ₹ 1,195.

Electricity (Amendment) Bill, 2020

The proposed Electricity (Amendment) Bill, 2020 aims to reduce subsidies and push for privatisation, especially in the distribution segment of the power sector. Undertaking structural changes in a core sector at a time of crisis from the COVID-19 pandemic and its economic effects defies logic. The proposed amendments are not only anti-people, but they also fail to address the long-term crises in the sector and will only accelerate its deterioration. The central government must hold off on passing any hasty legislation on the subject and adopt a more scientific and less ideological approach to deal with the travails of the power sector.

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