Privatisation: But from which PM Modi?

Human memory is short. That alone can explain why many are deliriously happy with his latest slogans and ignore seven years of poor "doing business" climate, taxtortion, extortionate oil prices

Topics
Narendra Modi | privatisation | Disinvestment

Debashis Basu 

Debashis Basu

After seven years, Prime Minister Narendra Modi has suddenly re-emerged as the Vikas Purush, which was to be his original mojo.

In two separate speeches in Parliament, he has used words that would bring tears to those with a religious devotion to the wonders of capitalism and privatisation. One, “the culture of abusing the private sector is no longer accepted” and, second, “can babus do everything … what type of capability have we acquired by handing over the country to babus?” To this, Sanjeev Sanyal, principal economic adviser to the finance ministry, ...

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First Published: Sun, February 14 2021. 22:57 IST
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