NITI Aayog has made recommendation for the strategic sale of these PSUs, as part of the task entrusted to it by the government to suggest ways to divest Centre's stake in profit-making as well as loss making and sick units.
As part of its aim to collect Rs 56,500 crore through disinvestment in PSUs during FY 2016-17, the government may reduce its holding below 50 per cent in as many as 44 public sector undertakings.
The Government policy think tank has given a separate report on loss-making companies. There as 76 such companies which can be revived and some of those needs to be closed, while others need strategic sale. Under the strategic sale, government's stake is reduced to 0-49 per cent in a PSU which can also be termed as privatisation. NITI Aayog has categorically said that the recommendations are based on detailed analysis and inputs.
NITI Aayog for disinvestment in 44 PSUs
By IndianMandarins - 2016-09-08 08:41:07
NITI Aayog has made recommendation for the strategic sale of these PSUs, as part of the task entrusted to it by the government to suggest ways to divest Centre's stake in profit-making as well as loss making and sick units.
As part of its aim to collect Rs 56,500 crore through disinvestment in PSUs during FY 2016-17, the government may reduce its holding below 50 per cent in as many as 44 public sector undertakings.
The Government policy think tank has given a separate report on loss-making companies. There as 76 such companies which can be revived and some of those needs to be closed, while others need strategic sale. Under the strategic sale, government's stake is reduced to 0-49 per cent in a PSU which can also be termed as privatisation. NITI Aayog has categorically said that the recommendations are based on detailed analysis and inputs.
