Also, much of these psu shares were bought by none other than the Indian financial institutions itself. The Unit Trust of India alone bought about Rs 6,400 crore worth of shares against Rs 18,000 crore worth of shares disinvested to the financial institutions and public. The sale of shares to uti led to a net loss of about Rs 5,050 crore. How many are aware of this fact? The benefits of privatisation are real and not illusory as many would make their friends in the media believe. Disinvestment will actually make public sector assets far more productive.
In Tray
The lonely bureaucrat is in the eye of a raging storm for pushing through the reform process "The benefits of privatisation are real and not illusory as many believe"Pradip Baijal Secretary, Department of Disinvestment
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In Tray
In Tray
