45 PSUs seen readying for divestment

Sajjan Jindal

The Assocham  President Sajjan Jindal said that the disinvestment road-map would not only help the Centre to retain control over each of  them but also help raise over Rs 4,00,000 crore over a four year period to contain fiscal deficit.

Differing with the CII’s proposal to monetise the Centre’s fiscal deficit, he said that could lead to a steep rise in inflation, particulary in the realm of food articles, while Assocham Secretary General D S Rawat said “monetisation causing inflation could be dangerous for any government.”

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