Disinvestment hope floats, again

Two decades ago when the finance ministry discovered 'disinvestment' as a way of raising revenue from the sale of public sector equity to private entities, the Indian Left saw this as privatisation through the backdoor. While India's politicians have had a love-hate, see-saw relationship with the idea of privatisation, disinvestment has continued as a favourite revenue raising measure of finance ministry mandarins.

Read Full Story>>