 "PUBLIC SECTOR")
About seven decades ago, the Indian government under Prime Minister Jawaharlal Nehru nationalised three major entities. One of them — State Bank of India (SBI) — is celebrating the 70th anniversary of its reincarnation this month. The second — Life Insurance Corporation (LIC) — will mark 70 years of nationalisation in 2026. And the third should have celebrated its 70th anniversary of nationalisation two years ago, but could not do so as it was privatised just a year before turning 70 as a nationalised outfit. This was Air India.
The trajectory of these three enterprises that embarked on their individual
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