Frozen in the Headlights

Poor Manmohan Singh is caught between the Pros and the Cons. The Pros in the Opposition are telling the prime minister, who has never seemed…

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HOLLOWING OUT

Privatisation will work only when the government sells more than 50 per cent of a state-owned company’s capital to the public and relinquishes management control.…

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SELL SELL SELL

Two numbers speak eloquently about our schizophrenia over privatisation: the Rs 2.11trillion ($32.5 billion) package announced on October 24 to recapitalise public-sector banks (PSBs); and…

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