Aam Aadmi Party (AAP) lawmaker Sanjay Singh on Friday gave a Zero Hour notice in the Rajya Sabha over privatisation of Public Sector Undertakings (PSUs).
On Wednesday, the Cabinet Committee on Economic Affairs (CCEA) accorded 'in-principle' approval for strategic disinvestment in five central public-sector enterprises including the Bharat Petroleum Corporation Ltd (BPCL).
Apart from BPCL, the Union Cabinet has also approved the sale of its stake in four other public sector enterprises -- Shipping Corporation of India and the Container Corporation of India, Tehri Hydro Development Corporation India Limited and the North Eastern Electric Power Corporation.
The government will also cease the management control of the five PSUs.
The Zero Hour refers to the time immediately following the Question Hour in both the Houses of Parliament. During this hour, parliamentarians can raise matters of great importance without the mandatory ten-day advance notice.
The winter session of Parliament commenced on November 18 and will continue till December 13. It also marks the 250th session of the Rajya Sabha.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
