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

VSNLSubscribe to VSNL

VSNL Investment in Tata TeleServices

The objections raised to VSNL's decision to invest in Tata TeleServices show how fragile and untenable the government's disinvestment programme is so long as politicians are not effectively stopped from interfering in the functioning of the privatised PSUs.

Getting Best Value

The government has decided to reduce its stake in Videsh Sanchar Nigam Ltd (VSNL) from the present level of 52.97 per cent to 26 per cent by selling 25 per cent to a strategic partner who would have management control and the balance 1.97 per cent to employees. The decision is in conformity with the desirable objective of extricating the state from the provision of commercial services and concentrating its efforts on the supply of public goods that the state alone can provide. However, the way the government is going about the disinvestment process gives scope for disquiet.
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