Employees & pensioners are fully protected. Service conditions of existing employees cannot be altered to their disadvantage after restructuring. This does not happen automatically #IDBI#IDBIBank#IDBINotForSale@saveidbibank64@SecyDIPAM
@saveidbibank64 Dear @saveidbibank64
Ravish ji himself worked all his life tirelessly for private news chanel, earned millions and now giving gyan against privatisation is nothing but absolute hypocrisy.
The time is ripe for India to continuously strive for bold reforms to reach Viksit Bharat.
@idesibanda@idesibanda You again missed the point.
The aim is to build large Indian global banks that can compete with global giants, and not to prioritise government ownership over global competitiveness.
Privatisation does not shut down an enterprise; it recapitalises and professionalises it. Gross profit per employee at privatised CPSEs rose nearly nine-fold, from ₹2.84 lakh to ₹25.43 lakh. Attached. #IDBIPrivatisation
Why sell a bank that just posted a record ₹9,513 cr profit? Because that is exactly when it attracts buyers. GoI and LIC get ₹52,879 cr now and keep 34% for future upside. Arvind Panagariya on Privatisation 2.0: https://t.co/Iiio9JEQEX
#IDBIPrivatisation
A thoughtful article by Dr Arvind Panagariya, one of the visionary economic thought leaders of our country. Government must not be in business, Privatization 2.0 is the need of the hour! @EconomicTimes https://t.co/Iiio9JEQEX
@jaywardhanbissa Why sell a bank that just posted a record ₹9,513 cr profit? Because that is exactly when it attracts buyers. GoI and LIC get ₹52,879 cr now and keep 34% for future upside. Arvind Panagariya on why IDBI should rev up Privatisation 2.0: https://t.co/Iiio9JEQEX
@kanalmedia23 Everyone wants faster, safer and efficient banking solutions. But when ever govt moves in this direction, the chanels like @kanalmedia23 create unnecessary hindrances.
We have come long way but We have to go Miles.
Reform Mantra will will unleash the competitive forces.
Indian🇮🇳
@truthputhn When it suits you, you use X (formerly Twitter), a privately owned platform, to spread your false narrative. Yet you oppose private-sector wealth creation. This hypocrisy is glaring, and you stand exposed.
#exposedguy@truthputhn