Privatization of PSUs
Government to privatise non-strategic PSUs: FM
In strategic sectors, at least one enterprise will remain in the public sector but private sector will also be allowed.
Finance Minister Nirmala Sitharaman on Sunday said a new “coherent” public sector enterprises policy will be formulated that will define strategic sectors which will have not more than four PSUs.
List of strategic sectors requiring presence of public sector undertakings (PSUs) in public interest will be notified, she said while announcing her fifth and final economic stimulus package.
In strategic sectors, at least one enterprise will remain in the public sector but private sector will also be allowed.
In other sectors, PSUs will be privatised.
“To minise wasteful administrative costs, number of enterprises in strategic sectors will ordinarily be only one to four; others will be privatised/merged/brought under holding companies,” she said.
Government to privatise non-strategic PSUs: FM
In strategic sectors, at least one enterprise will remain in the public sector but private sector will also be allowed.
Finance Minister Nirmala Sitharaman on Sunday said a new “coherent” public sector enterprises policy will be formulated that will define strategic sectors which will have not more than four PSUs.
List of strategic sectors requiring presence of public sector undertakings (PSUs) in public interest will be notified, she said while announcing her fifth and final economic stimulus package.
In strategic sectors, at least one enterprise will remain in the public sector but private sector will also be allowed.
In other sectors, PSUs will be privatised.
“To minise wasteful administrative costs, number of enterprises in strategic sectors will ordinarily be only one to four; others will be privatised/merged/brought under holding companies,” she said.
3 comments:
Sir what about public sector banks
What authority they have to sell the properties of india to the foreigners. People elected them not to sell India. After 5 yrs of their tenure they will be thrown out.Then they will become aam aadmi.They should not misuse their power.
20 lac crores is given from banks which are already helpless in achiving wage settlement pending since 11/2017
Govt should recap psb having for fully implement ation of the package for justification to public and the bankers
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