The Hindu Business Line : Disinvestment verdict hailed

NEW DELHI: The Union Minister for Law, Justice and Company Affairs, Mr Arun Jaitley, has said that the recent Supreme Court judgement on the disinvestment of Balco has been a turning point for the ongoing economic reforms and privatisation of public sector undertakings.

Inaugurating a seminar on the `Role of judiciary in economic reforms' under the aegis of Assocham on Wednesday, the Minister said the Government stood firm in its commitment to economic reforms.

Mr Jaitley said the Balco verdict and the judgement on Contract Labour Law had given fillip to economic reforms and that they should act as bulwark against the misuse of public interest litigations.

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