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Disinvestment

13th December – The not-so bright idea of selling the family silver

When we examine the proposed stake sale of profit-making public sector undertakings (PSUs), a few strategic issues of national importance need to be considered. The first is an ideological one — that Government must get out of business. The second is the need to bring the fiscal deficit down. The third is a long-term financial …

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18th October – Railways Privatisation

Indian Railways has launched itself on the road to privatisation by flagging off the Tejas Express running between Lucknow and Delhi and announcing plans to privatise the running of as many as 150 passenger trains. Details – The Tejas Express will be run by IRCTC, a subsidiary of the Railways. So there is not much …

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