New Delhi, Dec. 25 -- The Confederation of Indian Industry (CII) outlined a comprehensive four-point fiscal strategy to strengthen India's macroeconomic stability, focusing on debt sustainability, fiscal transparency, revenue mobilisation, and expenditure efficiency.

One of the CII's key recommendations was to unlock value from public assets. It said the government should announce a three-year privatisation pipeline for Public Sector Enterprises (PSEs) in non-strategic sectors, as outlined in the 'Strategic Disinvestment Policy'.

As an interim measure, CII recommends calibrated disinvestment, gradually reducing the government stake in PSEs from 51 per cent to 26-33 per cent over time, while retaining majority ownership. Parallely, effor...