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Bank privatisation to happen as per schedule: Sitharaman
Financial Express Mumbai
|May 30, 2023
GOVT PLANS TO MINIMISE THE NUMBER OF STATE-RUN FIRMS. THE GOVERNMENT IS KEEPING A CLOSE WATCH ON INFLATION, SAYS FM
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FINANCE MINISTER NIRMALA Sitharaman on Monday said privatisation of public sector banks (PSBS) will happen as per the government' schedule.
"It (privatisation) will go on as per the schedule and there is no change in it," Sitharaman said while responding to a question on progress of her earlier announcement to privatise two PSBs.
She was speaking at a press conference in Mumbai on the achievements of the Narendra Modi government in the last nine years.
In the Budget for 2021-22, Sitharaman announced the government's intent to take up the privatisation of two PSBs.
As per the new Public Sector Enterprises (PSE) policy, the government would minimise the number of state-run firms in five strategic sectors, including banking while fully exiting from nonstrategic sectors.
Diese Geschichte stammt aus der May 30, 2023-Ausgabe von Financial Express Mumbai.
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