Hospital Services Consultancy Corporation Limited (HSCC India Ltd) is said to have been merged with NBCC - a Navratna CPSE under Ministry of Urban development. Though the Cabinet had given its nod for the merger in November 2016, the completion of merger process has been time-consuming.
This merger is in line with the NITI Aayog's move initiated in July 2016. In pursuance of the same, DIPAM had put up a Cabinet Note on 11 August 2016. The cases of merger and strategic disinvestment of CPSEs were discussed in Cabinet Secretariat in the first week of September 2016 wherein HSCC (under Ministry of Health & family Welfare) had furnished its views on issues like pros & cons and viability of the merger.
Readers' Choice
Andhra Govt Extends Suspension Of IPS Officer
Krishnan’s Repatriation Ruled Out; Tamil Nadu Chief Secretary Set to Get Extension
HUDCO To Finance Rs 1 Lakh Cr For Gujarat Infrastructure Projects
Two former TN DGPs resign from key government posts
A Departure from the Past: CM CJ Vijay Signals End to Vindictive Bureaucratic Shifts in TN
HSCC merged with NBCC
By IndianMandarins - 2017-02-14 10:00:51
Hospital Services Consultancy Corporation Limited (HSCC India Ltd) is said to have been merged with NBCC - a Navratna CPSE under Ministry of Urban development. Though the Cabinet had given its nod for the merger in November 2016, the completion of merger process has been time-consuming.
This merger is in line with the NITI Aayog's move initiated in July 2016. In pursuance of the same, DIPAM had put up a Cabinet Note on 11 August 2016. The cases of merger and strategic disinvestment of CPSEs were discussed in Cabinet Secretariat in the first week of September 2016 wherein HSCC (under Ministry of Health & family Welfare) had furnished its views on issues like pros & cons and viability of the merger.
