Inside India newsletter: What's behind India’s rush to sell shares in state-owned firms

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of "Inside India" — your one-stop destination for stories and developments from the world's fastest-growing large economy.The Indian government has been rushing to sell stakes in state-owned companies this year. So far, it has pared its stake in 10 public sector companies, raising more than 620 billion rupees ($6.5 billion) this year. This week, I unpack what's driving India to meet its often-missed disinvestment target.Any thoughts on today's newsletter? Share them with the team. The big storyIt can be difficult to be the world's fastest-growing large economy when inflationary pressures and fiscal constraints threaten to put the brakes on government spending. But India cannot afford to lose its growth edge as it competes for the attention of global investors who have already put the country on the back burner as they focus on artificial intelligence-driven plays — something the South Asian country's growth story has been missing.So, to keep its growth engine running amid a widening fiscal deficit, the country is ramping up stake sales in state-owned companies, with the government offloading...