The government has an ambitious plan to monetise around 100 government-owned assets as part of the monetisation plan, said prime minister Narendra Modi when he spoke about various reforms undertaken in the Union Budget.
"With this the government will be aiming to achieve Rs 2.5 trillion investment, we are going ahead with the mantra of monetise and modernise," Modi said.
Speaking at a webinar on privatisation by the Department of Investment and Public Asset Management (DIPAM), Modi said state-owned companies in four strategic sectors will be kept at bare minimum and that the government is committed to privatising PSUs in all sectors