How can citizens be assured that a political-bureaucratic nexus does not result in dishonest deals by the bureaucrats/political leadership? What are the checks?
The government is undertaking disinvestment because it believes that government has no business being in business. In other words, our PSEs have suffered from politics and bureaucracy and only businessmen are good at running businesses. This is why it is important to keep politics and bureaucracy out of the privatisation process.
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