air india disinvestment: Private Sector Boost: Government of India is promoting private companies

Highlights

  • Priority is being given to private companies in the disinvestment of government companies in India.
  • Share experts say that this shows the increasing dominance of private companies in India.
  • Government strictness on private firms in China is increasing.

New Delhi
stock market news: Recently, Tata Sons has won the bid for disinvestment of Air India. In this manner, now the state-run airlines of the country have gone into the possession of the Tatas. Stock market experts are considering the winning of Air India bid by Tata Sons as a big step to improve the market sentiment.

Efforts were going on for the disinvestment of Air India for the last two decades, in which success has now been achieved. The country’s already strong stock market is expected to get a lot of help from this. On the other hand, government strictness on private firms in China is increasing. If we look at it from the perspective of India, then in India, priority is being given to private companies in the disinvestment of government companies. Share experts say that this shows the increasing dominance of private companies in India.

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PM Modi’s reform
After successful disinvestment of Air India, investors are now focused on Prime Minister Narendra Modi’s aggressive reforms agenda. Prime Minister Narendra Modi’s path of reform shows that he is not shying away from promoting the private sector to capitalize on the wealth of the country. The Government of India wants to disinvest many government companies and due to this, BSE may move towards touching the record in the Sensex in the coming days.

disinvestment of government companies
Sumit Rohda, a Singapore-based fund manager, said, “The sale of Air India is truly a landmark. It shows India is the top-ranked reformer in emerging markets. In comparison, the painful process of overhauling in China The future of the stock market in India looks bright because of this. The government wants to privatize many companies in the coming days. This will bring more money to the capital market and more bulls can be seen in the lions.”

China’s attention to common people

In the last few days, the boom in India’s stock market is attracting the attention of international investors. In the last few days, there have been many such IPOs which have made investors rich. If we talk about other emerging markets, then due to the strictness of the regulator in China, private companies are upset. Many companies from technology to education sector have reached the verge of destruction due to government strictness. According to the prosperity of the common people, due to this move of the Chinese government, the Global Fund has suffered a lot.

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