Friday, March 12

The Indian Public Issue Potential

Disinvestment minister Arun Shourie has hinted that the government can raise as much as Rs 1,50,000 crore every year for five years from the market by way of such issues. He was speaking at the valedictory session of the Young Indians Summit
He was all praise for the young, who dominate the information technology sector with an average age of 26 years. The sector contributes $16 billion worth of exports.
India can become a global hub for research & development in different fields, Mr Shourie said. “But we should come up with big ideas. In the last 20-30 years, no great idea has emanated out of India.”