Privatisation of central PSEs during recession a horrible idea , says Pronab Sen
Former chief statistician Pronab Sen said that even though India s fiscal deficit will go up from 3.5 per cent to 9.5 per cent in the current fiscal ending March, but in terms of the current year s expenditure, the country is pretty much at status quo
PTI | February 18, 2021 | Updated 10:09 IST
Former chief statistician of India Pronab Sen
Privatisation of central public sector enterprises (CPSEs) in a recession time is a horrible idea as legitimate requirement of the financial sector to meet current requirement is further eroded, former chief statistician Pronab Sen said on Thursday. Participating in an event organised by industry body PHDCCI, Sen further said Finance Minister Nirmala Sitharaman did not mention world employment in her Budget Speech 2021-22.