The government today reconstituted the disinvestment commission under the chairmanship of Clearing Corporation of India chief RH Patil.
The body will have a two-year term and will advise the government on the disinvestment of public sector companies.
Other members of the commission will be appointed soon, an official release said here.
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The terms of reference of the commission include advising the government on disinvestment-related issues and also carrying out specific tasks assigned to it.
The commission will also take into account the interests of workers, employees and other stakeholders of public sector companies while making its recommendations.
The final decision on the recommendations of the commission will rest with the government, the release added.