Niti Aayog has picked up as many as 32 loss-making central public sector enterprises (CPSEs) for strategic disinvestment. Among others, these include Bharat Pumps & Compressors, Tyre Corporation of India, Central Inland Water Transport Corporation and Bengal Chemicals & Pharmaceuticals. Of the 32 companies, 10 may see strategic selloff right away while for the other 22, the suggestion is to first revive and then go for strategic disinvestment.
Indianmandarins has learnt that the list has been submitted to the Prime Minister's office (PMO). The government has budgeted Rs 56,500 from disinvestments in this fiscal, of which Rs 20,500 crore is from strategic sales. In the case of moribund companies, the Niti Aayog has recommended a quick disinvestment.
Niti Aayog picks up 32 companies for selloff
By IndianMandarins - 2016-06-15 10:17:22
Niti Aayog has picked up as many as 32 loss-making central public sector enterprises (CPSEs) for strategic disinvestment. Among others, these include Bharat Pumps & Compressors, Tyre Corporation of India, Central Inland Water Transport Corporation and Bengal Chemicals & Pharmaceuticals. Of the 32 companies, 10 may see strategic selloff right away while for the other 22, the suggestion is to first revive and then go for strategic disinvestment.
Indianmandarins has learnt that the list has been submitted to the Prime Minister's office (PMO). The government has budgeted Rs 56,500 from disinvestments in this fiscal, of which Rs 20,500 crore is from strategic sales. In the case of moribund companies, the Niti Aayog has recommended a quick disinvestment.
