Firm Sale, Infirm Power
The disinvestment war within the NDA is the PM's proxy struggle to establish his authority <a >More Coverage </a>
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- Only loss-making PSUs should be sold, that is, if the objective was to enhance PSU efficiency.
- Certain sectors—including telecom, power and, obviously, oil, should be declared as strategic and such PSUs should ideally not be sold at all.
- Selling PSU shares to the public (as opposed to a single buyer), should be the route for offloading equity in other PSUs.