The Times of India

Budget 2026: Experts flag risks of proposed restructuring of REC, PFC; raises privatisation fears

Concerns are mounting over the Union Budget's proposed restructuring of REC and PFC, with experts fearing it could weaken public institutions and pave the way for privatization. Despite strong profits from both entities, critics question the necessity of the move, suspecting private sector influence. Power engineers vow to oppose any covert privatization efforts.