Strategic Disinvestment of Bharat Earth Movers Limited Will Compromise India’s Security

There appears to be little justification for the proposed “strategic disinvestment” of 26% equity in BEML. On the other hand, such disinvestment will reduce India's self-reliance in the defence sector (and other core sectors) and increase dependence on private business entities for national security. It will place vital manufacture in the hands of private entities which are primarily profit-based, not above colluding with foreign business interests which are against India's security, and raising the cost of products which will adversely affect the defence budget and defence preparedness

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