NATIONAL

Disinvestment policy unpredictable: Wisner

New Delhi Dec. 4. India must try to bring about predictability in its disinvestment policy, if it has to attract overseas investors, Frank G. Wisner, Vice Chairman of the American International Group and Immediate Past President of the US-India Business Council said today. ``You have to try to bring in predictability..with a start stop, start-stop arrangement, investors can't make plans,'' he told PTI, when asked to comment on the disinvestment process on the sidelines of an interactive session organised by FICCI.

Referring to the delayed disinvestment of some oil PSUs, he said the Government had initially taken a decision to disinvest the oil companies but later took it back for more discussions.

PTI

Recommended for you