Attention to Group-1 Candidates | Important Topics to Note in Indian Economy!! The primary examination for the post of Group 1 will be held on November 19. This exam has a large number of questions about the Indian Economy. Similarly, the Indian economy is important for the Central Public Service Commission (SSC), Bank Personnel Selection Board (IPBS), Railway Board Examinations (RRB), and UPSC. Therefore, it is necessary for the students who prepare for the examination to know about Indian economic events.
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Accordingly, the Union Cabinet has approved additional powers to the Board of Directors of a Public Sector Undertaking to close down branches or units or sell their shares. Similarly, the central government has approved the new policy for strategic disinvestment in government public sector enterprises. Also share sale and management of public sector companies such as BPCL, Air India, IDBI Bank, Shipping Corporation of India, Container Corporation of India of Railways, Bharat Earth Movers Limited of Defense Sector, Pawan Hans Company, Life Insurance Corporation IPO, NINL The central government approved the change in regulation.
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Earlier, the central government had sold Air India to Tata groups due to debt. For this, Rs. 2700 crores received by the government. Meanwhile, a 100% stake in Air India and its subsidiary AIXL and a 50% stake in AISATS have been transferred to Tata. Besides, 3.5 shares of Life Insurance Corporation of India have been sold to the public. With this, the value of the current share issue is approximate Rs.21 thousand crores of proceeds.
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