The Department of Investment and Public Asset Management (DIPAM) and Ministry of Coal have processed a proposal seeking approval of the alternative mechanism for...
Steep fall in revenue, increase in borrowings, huge step-up in expenditure to provide succour for the Covid-19 affected population and a slowdown in economic growth had resulted in a steep spurt in fiscal deficits of the Centre and states. Privatisation and monetisation, therefore, offer an ideal panacea.