Modi Kicks off India's Biggest Asset Sale

The video discusses India's struggle with a widening budget deficit and economic slowdown. The government plans to raise $229 billion through asset sales, including a minority stake in Life Insurance Corp, to fund the deficit. However, past failures and strong opposition from labor unions pose challenges. If asset sales fall short, the government may need to borrow more or rely on the Reserve Bank of India for dividends.

What concerns do labor unions have regarding the government's asset sales?

How has the government's approach to divestments changed over the past five years?