Privatising small PSUs first not a good idea: NITI Aayog's Amitabh Kant

What is required is for unions to be convinced that the steps being taken are in their and the country's best interests, says Kant

Privatising small public sector undertakings first, just to prevent opposition from trade unions, would not help much. Rather, unions should be convinced that the steps on privatisation are in the country’s and their interests, NITI Aayog Chief Executive Officer Amitabh Kant tells Nikunj Ohri. The Aayog is anchoring the asset monetisation plan and is tasked with identifying candidates for privatisation. The government has held discussion on asset monetisation with large institutional investors on transaction structures and asset classes. It will explore the possibility of further road shows once the National Monetisation Pipeline is launched, Kant says. Edited excerpts:
 
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