It would be Nationalisation but under another name.
Aren't they against Nationalisation?
He says that this is not Nationalisation.
This Friday marks the 50th anniversary of bank Nationalisation.
Devaluation of the rupee in 1966; bank Nationalisation in 1969;
Nationalisation of capital goods industries took place in the 1970s.
The Nationalisation of major private sector banks in 1969 was the
first major initiative in this direction.
At the time of Nationalisation(1969), IOB was one of the 14
major banks that was nationalised in 1969.
Nationalisation was, therefore, a costly job- creation( or job-
saving) exercise cloaked in the garb of price stabilisation.
After the Nationalisation, it was combined with 21 foreign
and 11 Indian companies to produce National Insurance Company Ltd.
The General Insurance Business(Nationalisation) Act,
1972(GIBNA) nationalised the general insurance business in India with effect from 1st January 1973.
For instance, while a man's great grandparents
may be Guatemalan, he may consider himself British after multiple generations of Nationalisation.
Once led by Tony Blair and Gordon Brown,
it now proposes sweeping Nationalisation and an overhaul of the banking system.
Labour has promised free university tuition, greater health spending,
more taxes on the rich, and Nationalisation of railways and broadband Internet.
Prior to Nationalisation(1956), many private insurance companies would
offer insurance to female lives with some extra premium or on restrictive conditions.
South Africa's great“peaceful transition”, so praised and lauded, meant no land reforms,
no demands for reparation, no Nationalisation of South Africa's mines.
South Africa's great‘peaceful transition', so praised and lauded, meant no land reforms,
no demand for reparations, no Nationalisation of South Africa's mines.
Keeping this in mind, in the Nationalisation era, PSBs had taken efforts
to improve agricultural credit by having mandatory priority sector lending.
If it stops at the level of just Nationalisation, well then you have state capitalism,
which is not very different from private capitalism.
The Government of India issued an ordinance and Nationalisation the 14 largest commercial banks with effect
from the midnight of july 19, 1969.
Financial difficulties and the publication of the Ryder Report led to effective Nationalisation in 1975 and the company became British Leyland Ltd(BL).
The training will be implemented under Medyaf, the industry Nationalisation programme of the DCT,
aimed at delivering highly-skilled local talent to Dubai's growing workforce.
Similarly, with the Nationalisation of the banks in 1969, the Public Sector
Banks and their employees also came within the ambit of the CBI.
Similarly, with the Nationalisation of the banks in 1969,
the Public Sector Banks and their employees also came within the ambit of the CBI.
Financial difficulties and the publication of the Ryder Report led to effective Nationalisation in 1975
and the company became British Leyland Ltd(later simply BL plc).
In certain countries, if you live within a country for a specific amount of time you could become a citizen(therefore having political rights) through Nationalisation.
After India's independence in 1947, the Indian government under prime ministers Nehru and
Indira Gandhi oversaw land reform and the Nationalisation of major industries and the banking sector.
Bank Nationalisation was first done 50 years ago, but a
large part of the country was still left out of the economic mainstream with no access to formal banking.
It was estimated in 2014 that the public and
private payments made for Nationalisation of these key sectors amounted to at least
$1.9 billion(Bolivia's GDP was at that time $28 billion).
Bank Nationalisation was first done 50 years ago, but a
large part of the country was still left out of the economic main stream with no access to formal banking.