India up for sale as PM Modi offers national icons to plug deficit

India up for sale as PM Modi offers national icons to plug deficit

Narendra Modi Photographer: Kiyoshi Ota/Bloomberg

After years of small divestments, Prime Minister Narendra Modi has launched India’s biggest-ever asset sale, a $29 billion privatization drive that would help prop up the economy but could also spark worker protests as some of the nation’s corporate icons go on the block.

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