The government will start consultations soon with Niti Aayog and Energy and Petroleum Ministries to bring down its equity holding below 51 per cent, including change of norms and modes of doing the stake dilution in very few select PSUs to begin with. At the initial stage it will be 2-3 PSUs where government stake in these PSUs would be …
New Delhi: The DIPAM has raised objections to the list prepared by Niti Aayog for monetising assets of CPSEs, saying the stipulated procedure, including consultation with administrative ministries and other government departments, should be followed before finalising such lists. Following this, the DIPAM wrote to Niti Aayog saying that the government think tank should follow the procedure and mechanism for …
The Department of Investment and Public Asset Management Monday issued the guidelines for monetisation of non-core assets of CPSEs and immovable enemy properties New Delhi: State-run companies will have 12 months to monetise non-core assets identified by a ministerial panel headed by the finance minister, failing which the finance ministry may restrict budgetary allocations to the CPSEs. The Department of …
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