India to privatise state-run companies and halt fresh insolvencies amid COVID-19 pandemic
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NEW DELHI/MUMBAI (Reuters) - India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year, as the country battles with the economic fallout from the coronavirus pandemic. A list of strategic sectors will also be announced in which only one to four public sector enterprises will remain, Finance Minister Nirmala Sitharaman said, as part of a slew of measures to kickstart the economy.Indian officials said most of the privatisations..