ECONOMY· 1 Sept

RINL Privatisation Halted by Workers Protest, Security Risks Loom
Since Cabinet Committee on Economic Affairs approved the 100% strategic sale of Rashtriya Ispat Nigam Limited (RINL) in January 2021, plant workers and trade unions protested, halting the privatisation. Despite a ₹11,440 crore revival package, RINL faces financial losses, debt, and safety issues due to high raw material costs. In August 2026, Ministry of Home Affairs cleared CISF disengagement by November 17, citing financial distress. This move raises concerns about security efficacy and operational risks as private contractors lack statutory powers. Published September 1, 2026.
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