Between 1999 and 2004, the government raised 24,260 crore rupees by privatising several government-owned firms. The next few years would wholly cement the Indian government's position on disinvestment as the government's sole shares to the tune of over one lakh crore rupees. Is it the right thing to do? Well, that's a contentious topic. And it doesn't always drive home the point that Prime Minister Narendra Modi made in 2014.
In todays episode for 20th December 2022, we see how the government went from being reluctant sellers to prolific disinvestment agents.