BPCL Privatization - Diwali Ke Baad Sarkar Ma Mega Sale | Kya Sahi Kya Galat


Bharat Petroleum Corporation Limited yaani BPCL Desh ka one of the biggest petroleum company me se hai, India ka retail petroleum product sale ka 1/5th BPCL control karta hai. Government ke liye ye ek profitable venture tha aur aaj bhi hai. Profitable kyun keh raha hu? International Crude oil prices ke upar bhari tax lagakar usko double daam me bechne waali Government Oil prices ke fall se kitna paisa kamati hai ye aap sabko pata hai, jo Petrol price aaj ke date me 60rs/liter h sakta tha usko 88 rs/liter banane ke bechne ke baad government ye nahi keh sakti ki ye dhanda ghate ka hai. To fir jis dhande se munafa ho raha ho, sabse zyada revenue aa raha ho, yun ki chahe kuch bhi ho jaye, fuel ka demand kam nahi hone waala, waise business ko sarkar kyun bechegi achanak? Kya aisa reason ya majboori ha ki desh ka one of the most profitable petroleum company ko bechne ke taiyari ki jaa rahi hai? Investors ko kya effect hoga isse? Poora analysis jaan ne ke liye post ko end tak read kriye aur Blog ko aaj hi subscribe kijiye. 


Privatization kyun?
Doston aap apna profitable business kyun bechenge? Agar apako poocha jaye to aap kya jawaab denge? Agar apka business accha chal raha ho lekin fir bhi aapke paas cash flo kam ho, capital kam ho raha ho, yaani amdani jitni hai usse zyada kharcha ho raha ho to fir aap kuch bhi kar loijiye, kitna bhi profitable business bana lijiye, magar aap business chala nahi payenge. Kyun ki aapka strategy kahi na kahi galat ho raha hai aur yahi wajah hai ki Indian economy Covid 19 nahi, uske pehle se hi kaafi bure daur se guzar rahi hai. Jab kharcha zyada ho aur amdani kam ho, tab economic policies pe sawal uthaya jaata hai. Aur kharab policies and bad economicska hi nateeja hai ki BPCL jofuture me Indian government ka major revenue source ho sakta tha uska 52% stake sale karne ki koshish ii jaa rahi hai. India ke finance minister nirmala sitharaman ji ne Budget 2020 me announce kiya tha Indian government ka target hai ki is fiscal year me 2.1 Trillion rs raise karna - sirf Government companies ka stake sale karke. Is sale me bikne waali companies me se bahut saare PSBs yaani Government COtrolled banks hai, railways ka privatization hona hai, BSNL aur BPCL ka bhi, LIC ka bhi prvatization hona hai. Yaani seedhi baat ye hai ki jab cash kam hai, kharcha zyada hai, to jo companies sabse zyda prfitable hai abhi tak, unko bech ke paisa uthaya jaye. Isme problem kaha aa sakti hai? Aur aap ko aur mujhe kaha takleef aa sakti hai? Ye acche se samajhne ki zaroorat hai. 

Privatization me dikkat kya hai?
Log aksarye kehte hai ki privatization me dikkat kya hai. Reliance Jio jaise Telecom chala raha hai, accha service de raha hai, waise trains bhi Reliance ko chalane de diya jaye to train aur desh ono shayad behtar chalega. Ye nazariya globalopen market policy ke saath bahut accha match karta hai. Isme koi pareshani nahi dikhti, European countries and America me Trains private companies chalate hai, sarkar ke control me rehne waali companies ka number bahut kam hai. Kya yahi model humko bhi follow karna chahiye? 
SAbse bada problem is me ye hai ke aapne cash crunch ko sambhal ne ke liye agar aapne assets bech diye to ye one time solution hoga, agli baar jab aapko firse aisa situation face karna padega tab aap kuch aur bechenge, aur fir aisa karte karte ghar ke saare samaan jab bik jayenge, to fir aapko cash ke liye udhar pe depend karna padega, GOvernment case me, government ko tax pe depend karna padega. Aur poora paisa aur governance agar private companies karegi, agar sarkar koi responsibility nahi lenge, to fir unka kaam kya bas tax accept karna hoga? Policy decisions lene layak kuch bachenge hi nahi kyun ki sab kuch privatized ho chuka hoga. Aur agar aisa hua to duniya ek truly global economy banegi, jahan poori duniya ka controlkuch major coroporations ke haath me rahega, unke tax ke paise se sarkarein chalengi, aur aapka mera jaisa common people ke liye kuch bhi policy decision ho, uske liye governments ko 10 bar sochna padega ki kahin wo decisions companies ke against na ho jaye, Aur isi ko capitalist society kaha jaata hai, jaha capital flow yaani paisa determine karta hai har tara ka decision. Kya Indian aise raaston me chal rahi hai?Kya ye sahi hoga humare desh ke liye? Comments me batayein. 

BPCL ka privatization
BPCL ke privatization me sabse zyada expectation tha ke Saudi ARAMCO, RIL, Exon jaise badi badi companies ke taraf se bidding kiya jayega, ye expectation covid 19 pandemic ke pehle ki thi. Lekin jaise hi Pandemic shuru hua, waise hi Crudeoil ka price fall hua, ARAMCO ne 44% net loss ka anouncement kiya hai is Quarter me. RIL ne bhi apna focus technology aur retail par rakhha hai. Oil unke priority list me nich hai kyun ki dmand kam hai, profit margins aur bhi kam hai. Is waqt par BPCL ka valuation bhi kam hota dikh raha hai. Sarkar ne announcement kiya hai unko kuch preliminary Expressions of Interest aaya hai kuch Indian private players ki taraf se. Abhi tak inko dekha nahi gaya hai. Inko examine karne ke baad bidding ke liye invite kiya jayega aur sabse acche bidder ko BPCL ka 52% stake sale kar diya jayega. Successful bidder ko India ke fuel retailing sector me 25.77% ka controlling share bhi milega, total refining market ka 15% ka share bhi milega. Lekin expectation ke hisaab se RIL aur ARAMCO ne koi bid nahi kiya hai, yaani shayad govt ko desired valuation nahi milegi is deal me aur ye ek bahut bada problem banke saamne aa sakta hai. 

Aage kya
Doston sabse important hai ki aap sab ye samajh jaye ki privatization koi pakka solution nahi hai, BPCL ke jitne bhi EOI aaye hain, wo shayad final bid me convert bhi na ho, agar aisa hua to fir kya sarkar cash crunch ko manage kar payegi? Kya 20 Llakh crore aur baad ke corona stimulus package ka bhar Indian government utha payegi? Already Indian economy record contraction ka rate paar kar chuki hai. BPCL ke sale ke announcement se pehle jo shares 500 rs/ Share trade kar rahi thi, wohi niche girke 396 par aa gayi hai, isme investors ko loss bhi hua hai, aur abhi lambe time tak ye price upar jaane layak nahi dikhte kyun ki shares ka inherent demand kam hai, kyun ki sarkar isko bechna chahti hai. Ab dekhna ye hai ki ane waale dino me ye kaise play out hota hai, kya sarkar is bure daur se nikal paati hai ya fir is decision ka effect unko aane waale polls me milne wale hai? Ye to time hi bata payega. 







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