New Delhi, Jan. 11 -- To sustain capital expenditure and address developmental priorities amid global economic uncertainties, the industry chamber Confederation of Indian Industry (CII) in its proposals for the Union Budget 2026-27, has urged the Government to mobilise resources through a calibrated approach to privatisation, focusing on sectors where private participation can enhance efficiency, technology infusion, and global competitiveness.

Highlighting the strategic significance of privatisation in the current global economic landscape, Chandrajit Banerjee, Director General, CII, stated that India's growth story is increasingly being powered by private enterprise and innovation.

"A forward-looking privatisation policy, aligned with...