Business

Process for sales of state-run companies simplified

India has approved legislation that will simplify the sale of the government's stakes in state-run companies, Finance Minister Arun Jaitley said on Friday.

The government has been working to privatise loss-making public companies, but was forced to shelf plans to sell national airline Air India last year after failing to attract a single bidder.

Recommended for you
This article is closed for comments.
Please Email the Editor

Printable version | Aug 14, 2020 7:33:45 PM | https://www.thehindu.com/business/process-for-sales-of-state-run-companies-simplified/article26454655.ece

Next Story