India will struggle to raise even half the proceeds it had targeted from planned sales of state-run firms this year and will miss divestment targets for the fifth straight year, sources said, as elections shift government priorities.
Privatization is such a waste of taxpayer money. You spend all those resources developing domestic capability and then sell it off to the highest bidder for a short-term cash infusion.
Privatization is such a waste of taxpayer money. You spend all those resources developing domestic capability and then sell it off to the highest bidder for a short-term cash infusion.