Our privatization challenge calls for a fresh approach
Our privatization challenge calls for a fresh approach Premium (Mint) Diva Jain Share Via Read Full Story The budget declared an aggressive “disinvestment" target—of ₹1.75 trillion—with little clarity on how it will be achieved. Achieving it poses a challenge that cannot be met without thinking outside the bureaucratic sandbox. India, save for a brief period of time during the Atal Bihari Vajpayee era, has followed a ‘partial privatization’ model focused on raising revenue by selling non-controlling stakes in public sector units (PSUs) while retaining total control over the decis...
Source: livemint.com