Govt open to privatising loss-making PSUs, says FM Arun Jaitley

The government is open to privatisation of certain loss-making public sector companies, Finance Minister Arun Jaitley said on Wednesday.

"Certainly I would be interested to look at some PSUs (public sector undertakings, which) could do much better in private hands," Jaitley said during an interaction at the India Economic Summit organised by the World Economic Forum in the national capital.

The Finance Minister also said the government would soon unveil reforms for other natural resources sectors along the lines of coal block auctions.

(Reuters)