New mechanism soon to fast-track listing of PSUs

Jaitley said Centre will come up with new mechanism to ensure time bound listing of identified CPSEs

The government is planning a new mechanism to fast-track listing of state-owned companies, the aim of which will be to cut through inter-departmental red tape, and reduce the time between identifying companies and taking them to the bourses.
 
At the business end of such a mechanism could be an empowered group of ministers to give final approvals, similar to the one for strategic sales.
 
Finance Minister Arun Jaitley announced in his 2017-18 Budget speech that the Centre will come up with a revised mechanism and procedure to ensure “time bound listing of identified CPSEs (central public sector enterprises)