BT India @ 100: The government focused on the growth of the maximum market of PSUS, not just not investing, says Diapm SECY

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Talk to Bt India@100 The event, Arunish Chawla, Secretary of the Ministry of Investment and Public Asset Management (Dipam), emphasized a precise development in the strategy of non -investment in the government – not only focusing on selling risks, but on enhancing the pledges of public sector (PSU) through better formation of the market.

Chawla has a joint transformation of perception: regarding the position of the previous government of “the lack of work in doing business” of what appears now as a more reliable approach to the PSU administration.

He said that clarifying the situation, “There is no contradiction between the two. The idea is to create a space in the non -strategic sectors of private institutions to flourish, while ensuring the role of the public sector also a vital role in delivering public goods and preserving critical supply chains.”

He stressed that the government’s economic policy is based on continuity, not sudden transformations. He said: “Policies develop, and the roles of public and private sectors are complementary, especially in strategic and developed areas around social welfare.”

Regarding the issue of corporate governance – which is often martyred as an obstacle to the confidence of the listed PSUS – Chawla pointed out major reforms in the choice of driving. “Our entire practical government has made effective, transparent and overlapping free. Today, PSU leaders are among the best in the world,” adding that their caliber is clear in the number of companies that are now recruited by private companies for leadership roles.

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