India disinvestment: on again?

India''s finance minister signals that disinvestment may resume.

Sameera Anand

November 17, 2005

Recent events suggest that the current Indian finance minister, P. Chidambaram, may be relaxing his stance over the disinvestment of "non-navratna" public sector undertakings (PSU's). Navratna means jewel in Hindi and companies in these non-divestment sectors include energy, power and heavy engineering PSU's.

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