Driving back in right lane

The government has earned around a lakh crore rupees through disinvestment since 1991-92, around half of this in just the last three years, but the real buzz was created when Arun Shourie was the minister. It wasn’t just the R33,000 crore he earned; transferring management control of 15 PSUs fetched him R13,000 crore, but more important, it set the PSUs free. It is this the government hopes for by selling off the loss-making Scooters India.

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