'There is no need for govt to be in business', PM Modi shares glimpse of privatisation plan - News Summed Up

'There is no need for govt to be in business', PM Modi shares glimpse of privatisation plan


He also shared a glimpse of Centre's asset monetisation and privatisation plan. In his speech PM Modi said that government's every decision related to asset monetisation and privatisation will help empower citizens of the country. "Many public sector enterprises are loss-making and several of them need the support of public money. Reiterating the need of privatisation in the country, Modi said, "Public sector enterprises should not be run because they were started many years ago and were someone's pet project." There was a different time when public sector enterprises were established and the needs were also different.


Source: dna February 24, 2021 13:53 UTC



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