India sees highest asset sales since liberalisation in 2016

India sees highest asset sales since liberalisation in 2016

Indian economy is currently going through the biggest deleveraging of the past quarter century. Photo: Mint

Over the past few years, several policymakers have been heard complaining that Indian firms are not investing enough. The latest data on asset sales provides a clear and stark answer for that phenomenon: the Indian economy is currently going through the biggest deleveraging of the past quarter century, if not the biggest in history.

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