It was the British Prime Minister Margaret Thatcher who, in the late 1970s, revived the stagnant British economy with market-based reforms. Privatisation became her most
If the government lays its full power on this and does not permit either unions or the bureaucracy or the opposition to disrupt its plan, this will certainly be a game-changer for the Indian economy. Otherwise, it will be nothing but the disposing of the family silver. And the mere dismantling of public sector undertakings that have played a crucial role in nation-building will prove poisonous for the country.
