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The announcement by the finance minister (FM) that privatisation of two public sector banks (PSBs) and a general insurance company would be considered during this financial year has been greeted by commentators on the Budget as a major reform in the offing. The present article does not seek to debate the merits of the decision but rather dwells on the process that can be considered. 
 
Privatisation of businesses currently run by the government should be effected in a manner that the value realisation to the owner is maximum and the statement by a senior functionary of the government to the opposite was quite surprising.  ....

Centaur Hotel , Lakshmi Vilas Bank Ltd , Can Asset Sale , Fair Resolution , Help Liquidate Rightful Claimants , நூற்றாண்டு ஹோட்டல் , லட்சுமி விலாஸ் வங்கி லிமிடெட் , முடியும் சொத்து விற்பனை , நியாயமான தீர்மானம் ,