New Delhi: The government needs to resuscitate privatisation of public sector undertakings (PSUs) as well as public sector banks (PSBs) as it is integral to India's economic reforms, former NITI Aayog vice chairman Arvind Panagariya said on Monday.
Panagariya also advocated creating an independent privatisation ministry to accelerate the government's disinvestment agenda, as the Department of Disinvestment has been unable to maintain the pace of privatisation.