FM's SPEECH on UNION BUDGET 2001-2002

 

Public Sector Restructuring and Privatization

87. Our public sector has expanded in almost every area of economic activity. In many ways, it has served the nation well; capability has been developed all round and a strong industrial base built up. These enterprises must now be strengthened to compete and prosper in the new environment. Last year I had defined government’s policy in this regard clearly.

 

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