Business Standard

Budget 2022-23: Non-strategic PSU privatisation may see a push next year

A new committee has also been formed under the chairmanship of NITI Aayog CEO Amitabh Kant to help identify non-strategic PSUs for privatisation

Illustration: Binay Sinha
Premium

Illustration: Binay Sinha

Nikunj Ohri New Delhi
The government may put several public sector undertakings (PSUs) in non-strategic sectors on the block next year as it plans to continue with its privatisation push, said officials in the know.

As the new Public Sector Enterprises (PSE) policy clearly states the government’s intent of exiting non-strategic sectors that include steel, hospitality, tourism, urban development, health care, among others — either by privatisation or closure — some PSUs in these sectors are expected to attract private participants’ interest, an
official said.

A new committee has also been formed under the chairmanship of NITI Aayog CEO Amitabh Kant to help identify 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