BS Number Wise: A strategy for non-strategic state firms as losses mount

The govt needs to act quickly to capitalise on the assets of such enterprises

psu, etf, disinvestment, funds, CPSE, sale, govt, divest

Illustration: Binay Sinha

Ishaan Gera New Delhi
The pandemic has resurrected a debate on state capitalism, with the public sector’s performance during the pandemic making critics reconsider its role in certain areas.
In India, the government decided to reduce its size and have a dozen state-owned companies in a clutch of strategic sectors. 
In February 2021, it announced a new Public Sector Enterprise policy that seeks privatisation of state-owned companies barring a few in strategic sectors. It is yet to act on the policy.

First Published: Oct 12 2022 | 10:23 PM IST

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