Re:Is divestment a good source of govt funding?
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12:49 IST, Friday, September 25, 2009
Reply by: Subarno Pande
NO!
We must disinvest wholly only the loss making PSUs that too of commercial nature only. While mixed economy has been again proved to be best due to fall of Communist Socialism & Current US Style Crony Capitalist Recession and our only option is European Social Democracy with restriction of imports, ban on FIIs which are unstable and maximum 49% FDIs in commercial private sectors! Also, Govt must heavily invest in public healthcare, school education and infrastructure.