Economic Policy of India By Uwon 2

India was accepting Privatisation from 1991 AD.SBI and other banks have sold their shares in market and opted privatisation.ONGC,GAIL have disinvested by selling their shares.For eg-From April 1999 to september 2002 against the target of RS 78,300 Crores only RS 29,482 Crores have been availed through disinvestment.It is 37.6% of the targeted amount.Now also to prepare infrastructure,privatisation is encourage to raise necessary capital.Power sector has been removed from reserved public sector list and allowed entry for the private sector.Insurance and Airways have also been allowed for private sector.
But now India have developed more but India can developed more but due to corrupt policy and Politicians,India is Back than other countries.