Privatisation of electricity distribution, divesting stake in public sector undertakings such as Shipping Corporation of India Ltd. and NMDC Ltd., creation of a National Water and Irrigation Authority and other suggestions made at Prime Minister Narendra Modi’s interaction with economists and experts have been referred to ministries concerned for action, sources said.
On June 22, Modi had interacted with select economists and experts on ‘Economic Policy: The Road Ahead’ with a view to brainstorming for ideas that could help create jobs, boost growth rate and more than double the size of Indian economy to $5 trillion by 2024.
Besides economists and sectoral experts, three industry bigwigs —Tata Sons Chairman N Chandrasekaran, ITC Chairman and MD Sanjiv Puri and Vedanta Resources founder Anil Agarwal— gave suggestions which have now been referred to ministries concerned for follow-up actions, sources privy to the development said. Read More
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