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Rapid PSE privatisation may unlock ₹10L cr: CII

Financial Express Lucknow

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January 12, 2026

THE CONFEDERATION OF Indian Industry (CII) has urged the government to fast-track the privatisation of public sector enterprises (PSEs) to unlock substantial resources for infrastructure and address key development priorities amid global economic uncertainties.

- FE BUREAU

In its preBudget recommendations for the Union Budget FY27, CII estimated that this could release nearly ₹ 10 lakh crore in total.Highlighting the strategic importance of privatisation in the current global economic landscape, CII Director General Chandrajit Banerjee said: "India's growth is increasingly driven by private enterprise and innovation. A forward-looking privatisation policy will allow the government to focus on its core responsibilities while enabling the private sector to drive efficiency, technology adoption, and job creation."

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