Most PSUs on govt's privatisation list created by private sector: Sanyal
The Hindu
Principal Economic Adviser, Sanjeev Sanyal also said the government will not shy away from creating new public sector entities where ever required.
Defending privatisation policy, Principal Economic Adviser Sanjeev Sanyal on Saturday said most of the public sector undertakings (PSUs) that the government intends to sell were actually created by the private sector.
Stressing that this government is unapologetic about privatisation, he said "you (Opposition) made the point that this (PSUs) has been built through the blood and sweat of the public sector. So, let me put the record straight on this: Actually much of what we are attempting to privatise were actually built by the private sector."
Citing an example, he said was simply taken away from the private sector and nationalised in 1993.
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