Belated, but bold: The Hindu Editorial on Nirmala Sitharaman's disinvestment policy
Execution will be critical for the strategic disinvestment policy unveiled in the Budget The government’s spending plans for 2021-22 hinge on better compliance lifting tax collections, and an ambitious plan to raise non-tax revenue. Finance Minister Nirmala Sitharaman has announced large-scale monetisation of government sector assets, including vast tracts of land, and is banking on disinvestment receipts of ₹1.75-lakh crore. This includes likely inflows from the strategic sale of entities such as Air India and BPCL, carried forward from this year’s plans. The listing of LIC could be c...
Source: thehindu.com