Continuing with the government’s push for large-scale privatisation of public sector undertakings, Prime Minister Narendra Modi today said the step was in tune with “the mantra of monetise and modernise.” “The government has no business being in business. When the government monetises, the space is filled by the private sector. Private sector brings investment and best global practices with them,” he said while addressing a webinar on privatisation by the Department of Investment and Public Asset Management. Pointing out that the sale of PSUs along with production- linked scheme for manufacturing shows that the “sky is the limit” for both foreign investors and Indian entrepreneurs, he said PSUs in four strategic sectors will be kept at bare minimum while the government focuses on development projects and welfare of people.
E-Edition
January 10 New York & Dallas E – Edition
Health
Fast food consumption linked to liver disease
A study published in Clinical Gastroenterology and Hepatology by Keck Medicine at USC provides more motivation for people to minimise their fast-food consumption. The study found that eating fast food is associated with nonalcoholic fatty […]
Business & Economics
US, EU, Japan to renew alliance against China trade practices
The U.S., European Union and Japan will announce Wednesday they will renew their trilateral partnership to address the challenges posed by the non-market policies and practices of countries such as China, according to two people […]
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