Economic Perspectives

Misplaced disinvestment

Print edition : February 15, 2019

At a rally protesting against the privatisation of Air India in Mumbai on May 1, 2018. Photo: Vivek Bendre

The NDA government’s disinvestment programme is turning out to be one in which surpluses are wrung out of public sector enterprises in order to support the budget, adversely affecting their own stability or modernisation and expansion plans.
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