Business Standard

Monday, December 23, 2024 | 06:14 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Centre set to rejig privatisation process for non-strategic sectors

Companies in non-strategic sectors would be considered for privatisation, wherever feasible, or else they would be closed

Illustration
Premium

Illustration: Binay Sinha

Nikunj Ohri New Delhi
The Centre is set to rejig the privatisation process for companies in non-strategic sectors such as steel, tourism, urban development, and healthcare, which have been identified under the new Public Sector Enterprises (PSE) policy for Atmanirbhar Bharat.

The Core Group of Secretaries on Disinvestment (CGD), headed by Cabinet Secretary Rajiv Gauba, has cleared the process, and this would involve the Department of Public Enterprises (DPE) examining non-strategic sectors and identifying PSEs in these areas for privatisation, an official said.

According to the PSE policy, companies in non-strategic sectors would be considered for privatisation, wherever feasible, or else they would be closed.

“In non-strategic

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in