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Amitabh Kant (File photo)
NEW DELHI: Niti Aayog CEO Amitabh Kant says there will be a few PSUs in strategic sectors once the public sector policy is rolled out and the Budget for 2021-22 has sent out a strong message about government s reformist zeal. Excerpts:
There is a huge thrust on privatisation in Budget. Niti Aayog has worked on PSU privatisation policy. What is the strategy?
The key challenge before the country is to enhance gross capital formation and this means private sector investment must rise. This necessitates that we bring in the private sector in areas where revenue streams are coming in. One key area was we push for asset monetisation in a very big way. The second big area was we push for privatisation so that there is overall enhancement of total factor productivity. This is very important if you have to grow at high rates on a sustained basis. ....

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