Firm Sale, Infirm Power

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Firm Sale, Infirm Power
  • Only loss-making PSUs should be sold, that is, if the objective was to enhance PSU efficiency.

  • Certain sectors—including telecom, power and, obviously, oil, should be declared as strategic and such PSUs should ideally not be sold at all.

  • Selling PSU shares to the public (as opposed to a single buyer), should be the route for offloading equity in other PSUs.
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