
The Confederation of Indian Industry (CII) has proposed a four-pronged strategy for the Union Budget 2026-27 to accelerate public sector enterprise (PSE) privatization, aiming to unlock approximately Rs 10 lakh crore. Key recommendations include shifting to a demand-driven selection process for divestment, establishing a rolling three-year privatization pipeline for investor visibility, and a phased reduction of government stakes in listed PSEs to 51 percent initially. CII argues this approach will mobilize resources for development, sustain capital expenditure, and enhance efficiency and competitiveness amid global economic uncertainties.
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