Why privatization of BPCL will be a good thing for all stakeholders2 min read 13 Sep 2019, 07:05 AM IST
Government selling its BPCL stake to IOC can create a monopoly in the oil marketing business
Privatization would realize a higher price and may help take politics out of auto fuel pricing
The government has set a tall divestment target of ₹1.05 trillion for FY20. Needless to say, it would need to sell stakes in some of the large public sector companies to achieve the target.
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