Tags: 'de-bureaucractising & de-politicising',
'Indian Airlines',
'take-over code',
'Restructuring of insurance sector',
'gradual/go-slow approach',
'regulatory authority',
'General Insurance Corporation (GIC)',
'LIC',
ONGC,
' 4 subsidiaries of GIC',
Finance Ministry,
'equity base',
Malhotra Committee,
'operational flexibility',
'dis-investment',
'non-government directors',
'Air India'