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Blog / 27 Feb 2021

(Video) Rajya Sabha TV (RSTV) The Big Picture: Monetise & Modernise - Mantra For PSEs

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(Video) Rajya Sabha TV (RSTV) The Big Picture: Monetise & Modernise - Mantra For PSEs

Topic: Monetise & Modernise - Mantra For PSEs

Guest:

  • Jayant Dasgupta, (Former Secretary, Economic Advisory Council to the Prime Minister of India)
  • Ajay Shankar, (Former Secretary, DIPP, Ministry of Commerce and Industry, GOI)
  • Arvind Virmani, (Chairman, EGROW Foundation)

Topic Description:

Hello and welcome to Rajya Sabha Tv… You’re watching the Big Picture with me, Frank Rausan Pereira. Reiterating the government's commitment towards privatisation of PSUs and asset monetisation, Prime Minister Narendra Modi on Wednesday said that the motto of his government is to "monetise and modernise". Addressing a webinar on the Budget announcements for the Department of Investment and Public Asset Management (DIPAM), the Prime Minister asked the private sector to come in support of the government's initiatives proposed in the Budget and help it prepare the roadmap for accelerated growth. Emphasising on the role of the private sector, he said that the Budget also focused on the strong partnership between the private players and the Centre. The funds mobilised through asset monetisation and disinvestment will be used for public welfare measures, he said. He added the Budget has targeted monetising 100 government assets, which would create investment opportunities worth Rs 2.5 lakh crore.

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Courtesy: RSTV