CII Urges India PSE Privatization
Analysis based on 12 articles · First reported Jan 11, 2026 · Last updated Jan 11, 2026
The proposals by the Confederation of Indian Textile Industry (CII) to the India — India for accelerated privatization of Public Sector Enterprises in India could significantly impact the Indian market by unlocking approximately Rs 10 lakh crore in capital. This capital would be directed towards physical and social infrastructure development, potentially boosting economic growth and supporting fiscal consolidation.
The Confederation of Indian Textile Industry (CII) has submitted proposals for the Union Budget 2026-27, urging the India — India to adopt an accelerated and calibrated privatization strategy for Public Sector Enterprises in India. The CII's four-pronged strategy includes shifting to a demand-based approach for selecting PSEs, announcing a rolling three-year privatization pipeline, establishing a dedicated institutional framework for oversight, and implementing a phased reduction of government stake in listed PSEs, initially to 51%. Chandrajit Banerjee, Director General of the CII, highlighted that reducing the government's stake to 51% in 78 listed PSEs could unlock nearly Rs 10 lakh crore, providing vital resources for infrastructure development and fiscal consolidation, aligning with the vision of Viksit Bharat.
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