Pitching for 51 per cent stake sale in PSUs, metal and mining conglomerate Vedanta Resources chief Anil Agarwal has said this can change the face of modern India by creating more jobs and bringing in prosperity.
“We may be having more than 250 state and central government companies... Why not divest 51 per cent of these companies in the market, with the caveat that no one can own more than 10 per cent of these companies...This is bound to change the face of modern India,” Agarwal tweeted recently. A lot of them must be listed and have a very good structure, but these companies are not progressing as were to be expected, he said in the tweet.