Maruti Udyog executives cut a car-shaped cake at the BSE to mark the company's listing, in Mumbai on July 9, 2003. (Photographer: Santosh Verma/Bloomberg News)
The Modi government has electrified the stock market by its promise to “privatise all non-strategic public sector companies”. Even in strategic sectors, like atomic energy, space, power, defence, telecom, transport, oil, insurance, banking, coal, and minerals, it intends to own just three or four companies in each sector, getting rid of the rest.