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Home -> Finance -> Full Story
George, Naik, Joshi discuss oil PSUs' disinvestment
Wednesday, October 2 2002 12:57 Hrs (IST)

New Delhi: The controversial issue of disinvestment of oil public sector undertakings (PSUs) is believed to have come up for discussion on October 2 at a high-level meeting of National Democratic Alliance (NDA) convenor and Defence Minister George Fernandes, Petroleum Minister Ram Naik and Human Resource Development Minister Murli Manohar Joshi.

The three Ministers, who had earlier taken a stand against privatisation of PSUs through strategic route, on October 2 met for about half-an-hour at the residence of Joshi.

None of the participants commented on the deliberations after the meeting, which assumes significance in the backdrop of an Rashtriya Swayamsevak Sangh (RSS) function scheduled for later on October 2.

According to reports RSS chief K S Sudershan may use the opportunity to spell out the Sangh Parivar's stand on the disinvestment issue.

The Disinvestment Ministry's efforts to push ahead with privatisation of oil PSUs Hindustan Petroleum and Bharat Petroleum have met with stiff resistance from the anti-privatisation lobby.

PTI



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