(a) whether the Government have received any
representations regarding a mid-term appraisal
of the reforms process with a view to judging
its overall impact on industry and trade due to disinvestment;
(b) if so, the details thereof; and
(c) the action taken by the Government in
this regard?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL)
(a) Ministry of Finance has not received any
specific representation regarding a mid-term
appraisal of the reforms process with a view
to judging its overall impact on industry and
trade due to disinvestment. However, the
economic reforms initiated in the last few
years have had a favourable impact in
terms of acceleration in overall growth
of the economy, build-up of a comfortable
foreign exchange reserves position, rate
of inflation is under control and s
ubstantial inflow of foreign capital.
Appraisal of reforms is a continuing
process and appropriate steps are taken
as and when required to safeguard the
interests of Indian trade and industry.
(b) & (c) does not arise.