Tag: India’s

    India’s government wants to monetise state-owned assets

    Or does it?IN FEBRUARY THE administration of Narendra Modi trumpeted a sweeping plan to privatise India’s corporate jewels. Past governments have made such promises with little to show for it. Yet this time investors’ ears perked up. Covid-19 had drained public coffers by crushing the private economy while piling costly burdens on the public sector.…

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