LUCKNOW: Rolling out her new economic policy for the state, Uttar Pradesh Chief Minister Mayawati on Monday said it would focus on "public-private partnership" - to attract private investment to improve the infrastructure.

Announcing her new mantra for the state at a press conference here on Monday evening, Mayawati said: "While past central and state governments have pursued either total public sector or exclusively private investment, my government has decided to adopt a middle-path where we hope to attract private investment to improve the quality of our existing infrastructure."

The Bahujan Samaj Party (BSP) chief went on, "And this would be done without compromising with the interests of the existing employees and without surrendering the ownership of assets." As such, the state government will continue to retain 11-49 per cent stake in all such units, she said.

The new arrangement will not in any way affect the constitutional reservation policy that has always been on top of her BSP's political agenda.

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Posted by dcjaya at December 24, 2007 10:25 PM