Government intends to make banking part of the strategic sector for privatisation, Chief Economic Adviser Krishnamurthy Subramanian, said on Thursday.
Subramanian was addressing the media over projections on Indian economy by ratings agencies Fitch, Moody’s and Standard & Poor’s (S&P) via video conferencing. Subramanian said the government is still in the process of identifying strategic and non-strategic sectors.
Subramanian also said that economic growth will depend on recovery from the economic fallout in the wake of covid-19 pandemic.
