Odisha opposes NALCO disinvestment

Q.  Which state’s Chief Minister has opposed any move of divestment of public sector undertaking (PSU) National Aluminium Company (NALCO) by the Centre?
- Published on 03 Apr 15

a. Odisha
b. Bihar
c. West Bengal
d. Uttar Pradesh

ANSWER: Odisha
 
The Centre holds 87.15 per cent stake in NALCO, which has plants in Odisha’s Damanjodi and Angul. Chief Minister of Odisha and Biju Janata Dal (BJD) president, Naveen Patnaik,on 15th Apr’15 opposed any move of divestment of public sector undertaking (PSU) National Aluminium Company (NALCO) by the Centre. He said that there is no need of any disinvestment from NALCO, as the company has been making profits for long.

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