“Insurance and banking industry are risk-based sectors. People working here have to tackle lots of risks to be productive. Their decision shouldn’t be misunderstood by government authorities always,’’ said Niti Aayog CEO Amitabh Kant, while addressing the 99th Foundation Day of the New India Assurance in Mumbai.
The decisions of public sector employees must be trusted and the Companies must be professional board managed ones. “That is the reason we, at Niti Aayog, are pushing for large-scale public sector disinvestment,’’ he said.