Indian privatization has no more ardent a campaigner than Arun Shourie, the minister in charge of privatization, and no more determined a foe than Ram Naik, the minister for petroleum and gas.
That they are not only members of the same government but also the same party – the Bharatiya Janata Party – is a measure of how deeply divided India’s politicians are over the issue of privatization.
In August, Naik came under fire after reports that most of the 3,000 petrol pump dealer licences handed out by the petroleum ministry went to family and friends of members of his party.
Thanks for your interest in Euromoney!
To unlock this article:
