Dent in India’s aggressive privatisation plans is not unsettling New Delhi’s ambition

Most experts have termed the disinvestment targets as conservative. ICICI Research said the disinvestment targets are softer than anticipated, possibly on account of muted capital markets sentiments. In contrast, Prime Narendra Modi-led government has time and again said the government should not be in the business of doing business. It had set record disinvestment revenue targets in the past and went on to either sell part stake in key companies including LIC, or completing or announcing privatisation of state companies.

Dent in India’s aggressive privatisation plans is not unsettling New Delhi’s ambition
Most experts have termed the disinvestment targets as conservative. ICICI Research said the disinvestment targets are softer than anticipated, possibly on account of muted capital markets sentiments. In contrast, Prime Narendra Modi-led government has time and again said the government should not be in the business of doing business. It had set record disinvestment revenue targets in the past and went on to either sell part stake in key companies including LIC, or completing or announcing privatisation of state companies.