 "Finance Ministry")
Ahead of cabinet expansion, the Narendra Modi government has brought Department of Public Enterprises (DPE) under the Ministry of Finance in order to better control public sector enterprises as it looks to privatise them.
Earlier, the DPE came under the Ministry of Heavy Industries and Public Enterprises. It monitors the performance of PSUs, dividend, capex performance, possibility of buyback of shares, and pay packages of the staff, among others.
As the government is set to announce a cabinet expansion by inducting new members, the Cabinet Secretariat has notified changes in the Government of India (Allocation of Business) Rules, 1961.
In March 2021, Business
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