Centre for disinvestment of CPSEs under 2 ministries, 3 departments

The government has reportedly initiated the process to disinvest/ close various Central Public Sector Undertakings (CPSEs) under two ministries and three departments. These include CPSEs under the Ministries of Housing & Urban Affairs and Health & Family Welfare, and Departments of Pharmaceuticals, Telecommunications and Fertilisers, a report in BusinessLine (BL) said. 

Twenty-seven CPSEs fall under these departments and ministries. Nine alone come under the ambit of the fertiliser department, the report added. Some of the CPSEs have been making huge losses.

The Centre is also holding discussions on the new CPSE policy that suggests disinvestments or closures in the non-strategic sectors,