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Showing posts from September, 2025

India's Economic Crossroads: Privatization Under Modi – A Necessary Evolution or a Risky Gamble?

Privatization – the divestment of public sector assets to private hands – has been a recurring theme, often as much a political lightning rod as an economic tool. Under Prime Minister Narendra Modi's administration since 2014, it's accelerated into a bold, ambitious drive, generating over ₹4.42 lakh crore in proceeds while reshaping the public sector's footprint. But is this the correct path for India's economy in 2025? Drawing on the latest policy analysis of Modi's privatization strategy, I'll break it down: a historical lens, the fiscal and sectoral impacts, the social and strategic trade-offs, and my unvarnished verdict. Spoiler: It's directionally right, but execution flaws could turn it into a costly misstep. Let's dive in. 1. A Historical Tour: From State Command to Market Handover India's economic story is one of ideological pivots, each responding to crises and aspirations. Privatization isn't new; it's the latest chapter in a 78-ye...