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![Cabinet Approves Move To Privatise India’s Largest Defence Manufacturer Cabinet Approves Move To Privatise India’s Largest Defence Manufacturer](https://thelogicalindian.com/h-upload/2020/01/27/500x300_149441-dfszhxcguzdfc.jpg)
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Cabinet Approves Move To Privatise India’s Largest Defence Manufacturer
In October 2016, it was announced that the Cabinet was considering a plan to sell 26% of the shares of Bharat Earth Movers Limited (BEML) to the private sector. It was finally announced in January 2017 that the Cabinet had green-lighted the plan, allowing for a majority of BEML’s shares to be owned...