• India CSR Awards 2025
  • Guest Posts
Sunday, July 6, 2025
  • Login
India CSR
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
India CSR
No Result
View All Result
Home Articles

Divesting 51% in PSUs can change the face of modern India

The Prime Minister's emphasis on infrastructure development, the need for privatization, and the proposal to revitalize government-owned companies reflect a strategic vision for economic growth.

India CSR by India CSR
in Articles
Reading Time: 4 mins read
Anil Agarwal

Anil Agarwal. Image: India CSR

19
VIEWS
Share Share Share Share

By Anil Agarwal

I was surprised at how vocal the Business Leaders were at 10 Downing Street on 18th September 2013 on the occasion of reception hosted by UK Prime Minster and George Osborne, Chancellor of the Exchequer. It was an august gathering. Andrew Feldman (Chairman of the Conservative Party & Chairman of the Party Board) spoke first and said how important business people are in the UK for development. The Chancellor even spoke about how to reduce the debt of the country and invited suggestions.

Addressing the Importance of Infrastructure Development

Finally, the Prime Minister addressed all and clearly stated the importance of developing infrastructure of the country, manufacturing sector, natural resources etc.. He also came forward to engage him where his presence can help develop UK Company’s businesses.

Promoting Development Amidst Challenges

The Prime Minister was quite vocal on how NGOs and the media some times are against development, and how the country has to fight because, unless we develop our shale gas, oil & gas, freight corridors and new highways, the country cannot take the economy forward. He also said that the only way the UK is coming up, as an economy is due to almost everything been privatized in the country and he was very thankful to all the business leaders & CEOs of the corporations.

Also Read: Anil Agarwal’s Vedanta Contributes Rs. 73,486 Cr to Exchequer in FY 2023

Revitalizing Government-Owned Companies in India

In India, we have a similar situation, where we may be having more than 250 state and central government companies. A lot of them must be listed and have a very good structure, but these companies are not progressing as were to be expected. Why not divest 51% of these companies in the market, with the caveat that no one can own more than 10% of these companies. The most important factor is the employees; they can be given share in the companies. This will bring security, as well in terms of financial as they would be getting more money than they currently draw, and their interests will be aligned. The most talented, professional management will be identified and fully incentivised so they can create world class capacities and quality with the possibility to make the company 10 times bigger, including creating huge valuation. With this capacity companies may generate employment for a further 50 million people.

Unlocking Potential in State-Owned Companies

Who can stop ONGC becoming another EXXON and SAIL be like VALE.

When companies like L&T, ICICI Bank, and HDFC Bank can run world class organizations without being owner driven, I am sure these over 250 state and central government owned companies will also follow the example made by them and create tremendous value for themselves. The funds generated can be used by the government to strengthen infrastructure.

Government’s Role in Divestment and Strengthening Infrastructure

Ultimately, the government should be looking to divest further and hold only 26%. The Supreme Court has already cleared way by asking the government to auction Kolar Gold fields and the Bharat Gold mine. This should be done in 90 days’ time, on a revenue sharing basis. With today’s new exploration techniques we will find a lot of gold and will be partially self-sufficient. The auction stand by the government will invite a number of foreign companies.

Also Read: Anil Agarwal on India’s Transformation from Elephant to Cheetah

Unlocking India’s Potential in Aluminium Production

Aluminium is a natural metal to be produced in India, with an unused reserve of about 3000 million tonnes of bauxite. At the moment we’re producing only 2 million tonnes of aluminium, however we have the right potential to produce 15-20 million tonnes, this green metal will only replace wood. We have the bauxite, we have the coal and we have the water, what else is required? This will create 50 million jobs as a full production chain of bauxite, alumina, aluminium smelting, coal mine, power plant, engineering construction, capital goods, and manufacturing for downstream will become effective. This is bound to change the face of modern India.

Addressing the Economic Impact of Import Bills

The country is struggling with ever mounting import bill. This year I believe we have imported $19 billion of coal. The government should look into auctioning of coal blocks. Coal India is sitting with a lot of coal blocks, why not government decide to sell 51% of these various coal blocks to produce coal in India.

Embracing Change in Modern India

The change is the need of the hour. It is said, what you can do it today, don’t leave for tomorrow, the right time never comes back. As for India, the change is evident.

About the author

Anil Agarwal is the Executive Chairman of Vedanta Group

Also Read: CSR: Anil Agarwal Foundation Supports Ranthambore National Park to Boost Conservation Efforts

IndiaCSR Whatsapp Channel
Tags: Anil AgarwalArticle by Anil AgarwalVedanta Chairman

India CSR offers strategic corporate outreach opportunities to amplify your brand’s CSR, Sustainability, and ESG success stories.

📩 Contact us at: biz@indiacsr.in

Let’s collaborate to amplify your brand’s impact in the CSR and ESG ecosystem.

India CSR

India CSR

India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

Related Posts

Green Buildings
Articles

When Cities Grow Green by Design: Can Manicured Nature Replace the Wild?

1 week ago
22
Sustainability
Articles

Sustainability Is No Longer the Pitch, It’s the Project

2 months ago
39
Corporate Social Responsibility
Articles

Practices That Power CSR Talent and Governance in India

2 months ago
86
water harvesting in rural India
Articles

From Scarcity to Sustainability: How Water Harvesting is Transforming Rural Communities

2 months ago
62
Top Drivers for Sustainability and Responsibility in 2023
Articles

Three Responsibilities Foreign Investors Must Embrace in India: A New Era of Accountability

3 months ago
24
Pavan Kaushik
Articles

A Strong Mind and Unwavering Decisions by Women Changed the Dynamics of Child Mortality and Maternal Mortality Ratio in India

3 months ago
58
Prioritize the Social Sector and Look at More Inclusive Development
Articles

2025 Should Prioritize the Social Sector and Look at More Inclusive Development

3 months ago
101
Digital Transformation
Articles

Harnessing Digital Transformation for Strengthening Internal Marketing and Organizational Synergy 

4 months ago
10
Corporate Social Responsibility (CSR)
Articles

Closing the Learning Divide: How Edufront is Transforming Schools Through CSR Partnerships

4 months ago
624
Load More

Leave a Reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

India CSR Awards India CSR Awards India CSR Awards
ADVERTISEMENT

LATEST NEWS

Motilal Oswal Foundation Launches ₹100 Cr Rural Youth Empowerment in Rajasthan

Alyssa Carson: Aspiring to be on the First Human Mission to Mars – the Red Planet

Alyssa Carson: 10 Interesting Facts Every Girl Must Know

Alyssa Carson: The Blueberry Dreaming of Mars

Top Hacks to Save on Your Comprehensive Car Insurance Premium

TCS Surpassing $30 Billion Revenue & $20 Billion Brand Value, Driven by AI & Client-First Strategy

HZL HZL HZL
ADVERTISEMENT

TOP NEWS

CIMP ने बिजनेस रेजिलिएंस की थीम पर वर्ल्ड मैनेजमेंट कॉन्फ्रेंस 2025 की मेजबानी की

Syngene International CSR Spending Report of Over Rs 10 Crore for FY25

हिन्दुस्तान जिंक ने लैंग्वेज गाइड बुक लांच कर कार्यस्थल समावेशन में नए मानक स्थापित किए

India’s Carbon Market: Driving Green Growth

Dr. Elie Organics Leads the Way: CSR Initiative Powers Lonikand, Pune Biodiversity Park Inauguration For Love, Peace and Humanity

Alyssa Carson: Aspiring to be on the First Human Mission to Mars – the Red Planet

Load More

Advertisement

Image Slider
content writing services Guest Post Top 5 Reasons to have Sponsored Posts at India CSR – India’s Largest CSR Media stem learning R2V2 Technologies Private Limited

Interviews

Himanshu Nivsarkar, Senior Executive Vice President and Head of CSR & ESG at Kotak Mahindra Bank
Interviews

Driving Sustainable Impact: An Interview with Himanshu Nivsarkar, Kotak Mahindra Bank

by India CSR
May 22, 2025
142

By Rusen Kumar NEW DELHI (India CSR): Himanshu Nivsarkar, Senior Executive Vice President and Head of CSR & ESG at Kotak...

Read moreDetails
Balamurugan Thevar, CSR Head at Shriram Finance

Empowering Women Drivers: An Interview with Balamurugan Thevar, CSR Head at Shriram Finance

May 20, 2025
218
N E Sridhar, the Chief Sustainability Officer at Titan Company Ltd.

Empowering Rural Craft Entrepreneurs: An Interview with N E Sridhar, Titan Company

May 15, 2025
102
Geetaj Channana, the Head of Corporate Strategy at Vivo India

Empowering Young Innovators Across India: An Interview with Geetaj Channana, the Head of Corporate Strategy at Vivo India

April 25, 2025
56
Load More
Facebook Twitter Youtube LinkedIn Instagram
India CSR Logo

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium services, we invite you to partner with us.

Follow us on social media:


Dear Valued Reader

India CSR is a free media platform that provides up-to-date information on CSR, Sustainability, ESG, and SDGs. They need reader support to continue delivering honest news. Donations of any amount are appreciated.

Help save India CSR.

Donate Now

donate at indiacsr

  • About India CSR
  • Team
  • India CSR Awards 2025
  • Partnership
  • Guest Posts
  • Services
  • Content Writing Services
  • Business Information
  • Contact
  • Privacy Policy
  • Terms of Use
  • Donate

Copyright © 2025 - India CSR | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers

Copyright © 2025 - India CSR | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.