The government of India is working fast on privatization in the country.
Bank Privatization Latest News:
The Government of India has almost completed the preparations for the privatization of two public sector banks.
According to media sources, the Indian Overseas Bank and the Central Bank of India may be privatized first.
Economists say that the government should hand over all public sector banks except the State Bank of India to private hands.
Let us tell you that at this time many government companies are being privatized by the Government of India.
The Finance Minister has already clearly said that an insurance company will be sold in the current financial year.
Former Deputy Chairman of NITI Aayog Panagariya and Director General of NCAER Poonam Gupta have given this advice to the govt.
Finance Minister Nirmala Sitharaman announced the privatization of two public sector banks along with IDBI Bank.
Despite the continuous protests in the country, the government has already clarified its stand regarding privatization.
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