Budget 2019: Why India needs a more meaningful disinvestment strategy

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Days after Prime Minister Narendra Modi assumed office for a second five-year term, the government’s policy think-tank Niti Aayog said that 42 loss-making state-owned companies may either be privatised or shut down. Such a garage sale of mostly small and mid-sized public sector undertakings (PSUs), many of which are already in ......