Asset monetisation plan must meet 3 prerequisites to succeed

Whether or not the government succeeds will depend on how successfully it controls the bureaucracy involved in the scheme.

The better a government’s policy is, the louder the Opposition shrieks. This is a written-in-stone rule. It’s true of all governments, always, wherever there is a real Opposition. 

The latest example in India is the government plan for leasing out publicly owned assets--in many cases that description is a joke--to the private sector. 

The deal is actually very simple. The government is saying to the private sector: “We will hire out things that we don’t use at all or don’t use very well. You run it and pay us according to whatever payment plan we both agree on”. 

This is