Letter to BS: Govt's strategic sale move will fetch a few positive results

This refers to “The big push, finally” (November 22). Indeed, this strategic move will fetch a few positive results. It will help bridge the fiscal deficit as well as spur revenue when GST collections are not even touching the much-needed Rs 1 trillion benchmark. Privatisation is at the centre of any move to liberalise the economy, more so, if we want to become a developed country one day. Without an iota of doubt, privatisation will also improve the efficiency of these organisations. The fear of job losses during any such move is real but must be dealt with with utmost