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Economics2h 0m ago

Arvind Panagariya urges the government to revive NITI Aayog’s PSU and PSB privatisation programme, calling for an independent privatisation ministry to speed up disinvestment, modernise India’s economy for India@2047, and restore investor confidence amid rupee depreciation, FDI shifts and FPI outflows.

India

Who
Arvind Panagariya
What
Arvind Panagariya urges the government to revive NITI Aayog’s PSU and PSB privatisation programme, calling for an independent privatisation ministry to speed up disinvestment, modernise India’s economy for India@2047, and restore investor confidence amid rupee depreciation, FDI shifts and FPI outflows.
When
Mon, 15 Jun 2026 10:21:38 GMT · 2h 0m ago
Where
India ·
Why
The privatization of Public Sector Undertakings (PSUs) and Public Sector Banks (PSBs) is integral to India's economic reforms and modernization efforts for 'India@2047,' as argued by Arvind Panagariya.
The Frontline Impact

How this affects you

The proposed revival of India's privatization program and the creation of an independent privatization ministry could significantly reshape the country's economic landscape, potentially attracting more foreign investment and stabilizing the rupee amidst outflows.

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