‘There is no proposal to privatise BEML’

‘There is no proposal to privatise BEML’

August 17, 2022

Defence Minister Rajnath Singh assures BEML delegation

Mysore/Mysuru: Bharat Earth Movers Ltd. (BEML) Employees’ Association President Govinda Reddy has said that the Union Defence Minister Rajnath Singh has assured that the Government will not privatise BEML.

Disclosing this at a press conference held at Pathrakartara Bhavan here yesterday, Govinda Reddy said that the office-bearers of BEML Employees Association, along with Kolar MP S. Muniswamy, met Union Defence Minister Rajnath Singh and Union Parliament Affairs Minister Pralhad Joshi on Aug. 2 and urged them to drop the proposal of disinvestment through strategic sale that has been cleared by the Union Government.

The delegation pointed out that BEML is a profit-making Public Sector Unit and is supplying Defence equipment to the Central Government. The Defence Minister, who agreed that BEML is a profit-making company, assured the delegation that the proposed ‘strategic sale’ will not be done and added that Defence equipment and other critical components would be procured from BEML in consultation with the Defence Ministry, the office-bearers said.

Mysuru-Kodagu MP Pratap Simha, who is a member of the Parliament Committee (Defence), has also assured that he will do his best to procure Defence equipment and other components from BEML, they claimed.

Association General Secretary H.A. Nagashayana, Joint Secretary Hemanth Kumar and Treasurer Basavaraju were present at the press conference.

ONE COMMENT ON THIS POST To “‘There is no proposal to privatise BEML’”

  1. Howdy, Modi! says:

    BEML, one of the white elephants along with the HMT, HMT watch factory, BEL and ITI. The other white elephants NGEF which started with more than 100 crores a large sum of money with the collaboration of AEG Germany in Byappanahalli, folded up years ago.
    India has a very bad track record of sustaining manufacturing , and has now moved to IT sweatshops employing thousands of IT techies doing cheap IT work outsourced by Western companies. The school and university curricula is geared towards doing the program coding in the name of so called software development, in fact it is not, pure mundane slog of creating program codes line after line, which the fool Modi thinks as the Tech India!!
    If any one mentions India anywhere in the world, the answer would be the cheap IT techies and their coding work!
    Meanwhile China is developed into a manufacturing giant, and hence a tech superpower , militarily too, where as in India, one sees the IT sweatshops, a third world scenario!


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