Corporatisation of Ordnance Factory Network – A Programme for Disintegration and Destruction of Indigenous Defence Manufacturing Capacity of India

The Central Government has issued an order dated 24th September, 2021 to dissolve the Ordnance Factory Board (OFB) with effect from 1st October, 2021. Accordingly the OFB with its inter-dependent and inter-connected network of 41 Ordnance Factories would be converted, for the time being into seven separate companies registered under Read more…

A Note on Public Sector Policy presented in the Union Budget-2021-22, And our Task against the Privatisation and National Monetisation Pipeline

The revised Public Sector Policy announced in the budget 2021-22 is fully oriented towards total Privatization of Public Sector Enterprises. It is no longer mere ‘divestment of equity’ of CPSUs. Now it is whole-hog privatization.  The Congress (I) Government led by Narasimha Rao with Manmohan Singh as Finance Minister started Read more…

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