The government urgently needs to adopt a more systematic approach to disinvestment. Finding companies to divest after having arrived at a target for the year will not help. It should instead have a rolling list of companies to be privatised over a period of time. A ready list will not only give departments concerned much-needed clarity, but also allow the markets to prepare for buying shares of such companies, the top edit argues here.
In other views:
Debashis Basu says that even as Sebi is weighing down direct retail investors with more disclosures, mutual funds, as
Debashis Basu says that even as Sebi is weighing down direct retail investors with more disclosures, mutual funds, as