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Headline: Half-hearted privatization Source: Euromoney Date: September 2000 more on south Asia more from Euromoney September 2000 After the BJP-led coalition came to power last year, prime minister Vajpayee set up a new department of disinvestment and placed a young, telegenic lawyer, Arun Jaitley in charge. The first state company, Modern Foods, was sold to a Unilever subsidiary early this year and the government announced that Air India and Indian Airlines, the international and national carriers, would be privatized. | |||||||||||||||||||||||||||
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