corporatisation in A Sentence

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    Also,"private players" were roped in to run some trains, and an announcement regarding Corporatisation of railway public sector undertakings was made.

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    Under Corporatisation, an existing activity or asset is separated from the Indian Railways and handed over to a new public sector company.

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    There has been a strike by defence employees, telecom employees, railway workers(against Corporatisation), bank employees and officers, steel workers and scheme workers.

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    But the government insists that Corporatisation will lead to greater penetration for India in the defence export market and innovation for self-reliance in defence.

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    Apart from opposing privatisation of PSUs, the trade unions are also opposing the privatisation in railways, Corporatisation of 49 defence production units and forced merger of banks.

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    Railways: Rail workers all over the country are agitating against the“100 day action plan” of the government for the Corporatisation and privatisation of the Indian railways.

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    The government is misleading people by claiming that only ownership is being transferred from one public sector to another public sector company and therefore Corporatisation is not privatisation.

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    We oppose the 100 Day Action Plan announced by the Railway Minister as regards privatisation of the running of existing passenger trains of Indian Railways, Corporatisation of the 7 production units of the Indian Railways and raising of passenger fares.

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